Thursday, June 28, 2012

Alibaba

129836407506875000_73Ali Hong Kong 8th cease trading or listed as a whole Alibaba Group announced on June 6, its listed company Alibaba B2B will cease to trade on June 8 click here, June 20 to exit the Exchange. On June 7, the Alibaba share price decreased by 0.15% per cent to HK $ 13.42. Alibaba Group announced on February 21, plan on a per unit price of HK $ 13.5, Alibaba, the acquisition of the remaining27.03% shares, and the proposed privatization of Alibaba Hong Kong Stock Exchange after delisting. Privatization transactions is expected to involve more than HK $ 19 billion. Price of HK $ 13.5 each Alibaba listed IPO offer price in 2007. According to the announcement, the buy-back price of HK $ 13.5 each unit on February 9 before the suspension of the last 60 trading days average closingPrice premium 60.4%, than the last 10 trading days average closing price premium of 55.3% Alibaba B2B companies listed on November 6, 2007 in the Hong Kong stock exchange, raising HK $ 11.6 billion, a record size of most Internet companies in China. But the company's shares from the IPO peaked HK $ 40.4 began the following day, fell almost two months and a halfOn October 31, 2008 set a minimum price of HK $ 3.46. Announced on February 21 after the privatization programme, Ali, share prices bounced back, released the message after the resumption of the first session, one-day gain of the unit to 42.7%. According to a report in the world, Alibaba Group Chief Financial Officer Cai Chongxin has said that Alibaba B2BRevenues of approximately US $ 1 billion, last year, and get rid of listed companies, Group revenues of us $ 2.8 billion in the same period. In addition to B2B companies, currently Alibaba's Taobao, Alipay, poly-effective, cat, in the future is promising, package listing for the company diablo 3 power leveling, are a better choice. "Up to now, Alibaba group has no specific plans IPO,Timetable for more not listed, listed by Alibaba group, the Board of Directors of the decision made at the appropriate time in the future ", although listed on the packaging of the Alibaba group silence, but the industry that this is just a matter of time. Alibaba in May this year the stock repurchase agreement with Yahoo, provided for in the agreement, "Alibaba group went public in the future, to the IPO share priceBuy back Yahoo's remaining stake held by 50%, or allow Yahoo sold the stake in IPO ". It was also a fund managers who are familiar with the company told the media that, Mr Ma said Alibaba group plans to list in 2015, valued at US $ 100 billion.

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