Alibaba Listing Will Create The Largest IPO Transaction In US History.

In the past few months, a problem has been lingering in the market. That is the size of Alibaba group's IPO (initial public offering) transaction. On Friday, Alibaba group finally submitted the updated prospectus to the US Securities and Exchange Commission (SEC). The group will be listed on the price of US $60 to US $66 per American depositary receipt, which will create the largest IPO transaction in the US market.

Prospectus Documents show that Alibaba group will raise $24 billion 300 million through IPO transactions. According to the median value of the price range, its market value will be about 155 billion dollars. According to statistics from data provider Dealogic, this will make it the largest IPO transaction on the basis of valuation, which is dwarfed by visa, general motors, Facebook and several large Chinese listed companies.

The $155 billion Alibaba group estimated its market value only slightly less than the current market value of e-commerce giant Amazon, and surpassed the valuation of the Agricultural Bank of China when it was listed in July 2010 at a valuation of $133 billion. Amazon's market capitalization is around us $160 billion, according to FactSet, a financial information provider. Other large-scale IPO In the transaction, Facebook was valued at $81 billion 200 million when it was listed on the IPO market in May 2012, and the value of UPS was $60 billion when it was listed in 1999.

The Alibaba group will start a roadshow in New York next Monday and will then fight for more than 10 American cities and return to Manhattan in September 18th to end the road show. Estimate Jack Ma It will take part in the road show.

According to previous sources, the Alibaba group has appointed Barclays Bank as its designated market maker for its IPO transaction, appointed Morgan Stanley to manage its "lockout" agreement and appointed Goldman Sachs Group as the so-called "stabilization agent" to monitor the early trading activities of the unit.

Citing the insider's opinion, Alibaba group plans to allow employees and close contacts with the group to buy some shares in its IPO (initial public offering) transaction. The so-called "friends and family" plan allows Alibaba Group employees and other closely related individuals to buy shares before the listing price of IPO, which should have been provided only to professional investors and a small number of retail investors.

　　 Alibaba The group currently accounts for about 80% of China's online retail market. With the increase in Internet usage and the expansion of the middle class, Alibaba group achieved a total transaction volume of US $296 billion in the last fiscal year ended June 30th.