Alibaba’s headquarters in Hangzhou. China’s onshore money managers are among the biggest new investors in the company’s US$12.9 billion stock offering. Photographer: Bloomberg
Alibaba’s headquarters in Hangzhou. China’s onshore money managers are among the biggest new investors in the company’s US$12.9 billion stock offering. Photographer: Bloomberg
Alibaba

China’s onshore funds emerge as ‘buying force’ in Alibaba’s Hong Kong IPO, existing shareholders increase their stakes

  • Mainland Chinese institutional investors, large fund houses among first-time buyers in Alibaba’s secondary offering in Hong Kong
  • More than half of demand in international tranche came from new investors, CFO Maggie Wu says

Alibaba’s headquarters in Hangzhou. China’s onshore money managers are among the biggest new investors in the company’s US$12.9 billion stock offering. Photographer: Bloomberg
Alibaba’s headquarters in Hangzhou. China’s onshore money managers are among the biggest new investors in the company’s US$12.9 billion stock offering. Photographer: Bloomberg
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