Alibaba announces pricing of global offering

          Source: Xinhua| 2019-11-20 21:38:02|Editor: Xiang Bo
          Video PlayerClose

          HANGZHOU, Nov. 20 (Xinhua) -- Chinese e-commerce giant Alibaba Group Holding Ltd. announced Wednesday the pricing of the global offering of 500 million ordinary shares.

          The final offer price for the global offering, which comprises an international offering and a Hong Kong public offering, has been set at 176 Hong Kong dollars (about 22.49 U.S. dollars) per share.

          Subject to approval from the Stock Exchange of Hong Kong Limited (SEHK), the shares are expected to begin trading on the main board of the SEHK on Nov. 26, 2019 under the stock code "9988."

          Alibaba plans to use the proceeds from the global offering for the implementation of its strategies to drive user growth and engagement, empower businesses to facilitate digital transformation, and continue to innovate and invest for the long term, according to the company.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001385702661
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  自拍亚洲日韩一区 | 日韩欧美亚洲一中文字暮精品 | 亚洲欧美国产vr在线观 | 伊人精品在线观看 | 真实国产乱子伦对白视频 | 中文字幕对白国产 |