A logo of Alibaba Group Holding is seen at the company’s headquarters in Hangzhou, Zhejiang province, China. Photo: Reuters

Alibaba’s Hong Kong listed shares are high on the shopping list of Chinese investors

  • Alibaba’s shares must trade for some seven months in Hong Kong before being eligible for stock connect scheme
  • Many institutional investors expect Alibaba stock to become an essential part of their portfolio
Topic |   Alibaba

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A logo of Alibaba Group Holding is seen at the company’s headquarters in Hangzhou, Zhejiang province, China. Photo: Reuters
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A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song

Alibaba prices Hong Kong shares at HK$176, a slight discount to its New York shares in world’s biggest IPO of 2019

  • Retail portion has been oversubscribed by 40 times, meaning the size is likely to be increased to 50 million shares from 12.5 million, sources said
  • Separately, the Hong Kong stock exchange will roll out options and futures contracts for Alibaba shares on its November 26 debut, stock will also be available for short-selling
Topic |   IPO

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A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song
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