Alibaba To The United States IPO Up To $15 Billion Financing

< p > according to foreign media reports, Alibaba group is expected to raise up to 15 billion US dollars in this a href= "//www.sjfzxm.com/news/index_c.asp" > IPO < /a > transaction, which will make it the largest transaction of Chinese companies in the US IPO, and will also be among the largest IPO transactions in the US market. If the New York stock exchange finally wins in this competition and successfully attracts the Alibaba group to list on the stock exchange, it will undoubtedly be a great victory, and for its rival NASDAQ OMX group, it will be another setback. < /p >
< p > sources say Alibaba group has not yet signed the final agreement with the New York stock exchange, but to those involved in the battle, it is more inclined to choose the listing on the exchange. < /p >
< p > Alibaba group said on Sunday that the group has decided to list IPO in the US market instead of Hongkong, China. After the group announced the news, the market began to guess whether it will be listed on the NYSE or NASDAQ, the two largest stock exchanges in the US market. < /p >
Speakers of the P, NYSE, NASDAQ and < a href= "//www.sjfzxm.com/news/index_c.asp" > Alibaba < /a > declined to comment on the news. Usually, the two big exchanges will compete fiercely for the huge IPO transactions, providing discounts and promotion plans for specific fees. According to sources, since the middle of last year, representatives from the New York stock exchange and Nasdaq have been actively showing up to Alibaba CEO Ma Yun. < /p >
Richard Repetto, an analyst at investment company Sandler O 'Neill & Partners (P Repetto), points out that the final "winning the Alibaba group" will have a "boasted qualification" and can attract other technology industry IPO transactions. He pointed out that the financial impact of Alibaba group itself is not very large, but the larger IPO transaction tends to increase the trading income of the exchange. < /p >
< p > social networking giant Facebook chose to sell on NASDAQ in 2012 IPO, but at that time, the deal was hit by a breakdown, making NASDAQ disgraced. Since then, NASDAQ has been trying hard to rebuild its image as a leading trading platform. But last year, Nasdaq was once again humiliated because the software failure led to a three hour suspension of trading on the stock exchange in a trading day of August last year. < /p >
< p > last year, the a href= "//www.sjfzxm.com/news/index_c.asp" > New York stock exchange < /a > won in the field of IPO trade in science and technology industry, and won the favor of technology companies such as Twitter, social media giant. For the first time in 19 years, NASDAQ stepped on its feet. This year, according to statistics from data provider Dealogic, NASDAQ has won more IPO transactions than the NYSE, but the latter has won two larger deals. So far, the NYSE has attracted 15 companies listed on the stock exchange for a total value of $6 billion 100 million, compared with NASDAQ attracting 34 IPO transactions, with a total value of $2 billion 700 million. < /p >
Less than P, however, some NASDAQ relations can be used, which may take advantage of the war with the NYSE for the Alibaba group's "war". YAHOO, one of the largest shareholders of Alibaba group, is NASDAQ listed companies, and Cai Chongxin, executive vice chairman of the group and Ma Yun's right-hand man, worked in Sweden for the current chairman of the NASDAQ board, Bodry Ekholm (BorjeEkholm). < /p >
NASDAQ is no longer taboo for recent technical failures. The exchange said in a regulatory paper submitted on Monday that it will appoint Charles Bagley Begley, the former general electric chief information officer, to its board of directors in order to "enhance" discussions on improving its infrastructure, P Charlene. The paper also said that NASDAQ is studying how to link its executive pay with "system resilience". < /p >