阿里巴巴上市首日股價攀升38%
Shares in Alibaba surged by 38 per cent on their first day of trading, valuing Jack Ma’s Chinese ecommerce juggernaut at more than $230bn and making it the 17th largest publicly traded company in the world.
The stock – which trades under the ticker BABA – closed at $93.89, compared to the $68 per share offer price late on Thursday. The shares began trading on Friday at $92.70, the largest opening rise for an IPO over $10bn, according to Dealogic.
About 100m shares changed hands in the first 10 minutes, as the price briefly hit $99.70 before dipping back below the opening price to around $90 in lunchtime trading. By day’s end more than 271m shares were traded.
The closing price gives Alibaba a market capitalisation of $231.4bn, giving the 15-year old company a greater market valuation than JPMorgan, Toyota and Facebook, but less than Google.
Shares in Alibaba opened almost 27 per cent higher at $92.70 on their debut on the New York Stock Exchange on Friday, catapulting it into the world's top 20 largest publicly traded companies.
The Chinese e-commerce company sold shares for $68 on Thursday night, making its initial public offering the third-largest in history with $21.8bn raised.
The FT reported that Alibaba has been focused on how the shares would trade once they were sold and were prepared to leave money on the table.
Having transformed retailing in China, founder Jack Ma has taken Alibaba public as the company eyes overseas expansion.
Relatively unknown outside China, Alibaba generates the bulk of its revenues, which hit $2.5bn last quarter, from the adverts that businesses put on its marketplaces.
They are Taobao, a consumer-to-consumer market place, and Tmall, which lets big brands sell directly to buyers.
週五收市時，阿里巴巴的股票每股報93.89美元。週四晚上，這家中國電子商務公司曾將其股票發行價定爲每股68美元，週五正式開始出售其股票時，其開盤價達到每股92.70美元。
僅僅在開售最初的10分鐘中，阿里巴巴的股票就有一億股易手，其股價曾一度達到每股99.70美元，後來到午盤時又跌到開盤價以下，跌至大約90美元，收市時，又反彈至93.89美元，全天共有超過兩億七千一百萬股易手。
93.89美元的收盤價使阿里巴巴的市值達到2314億美元，超過了摩根大通（JPMorgan）、豐田（Toyota）和Facebook的市值，但低於谷歌（Google）的市值。
此前，據英國《金融時報》報道，阿里巴巴一直將主要精力集中於股票的公開銷售情況上，爲此他們不惜壓低發行價。
在改變了中國零售業之後，阿里巴巴把眼光放在了海外擴張上，如今公司創始人馬雲成功將該公司上市。
根據商家放在市場上的廣告，儘管阿里巴巴在中國以外知名度相對不高，該集團上個季度的營收卻高達25億美元。
這些商家包括C2C（個人對個人）模式的淘寶(Taobao)網站，以及讓大品牌直接面向買家開展銷售的天貓(Tmall)網站。
不過，買入阿里巴巴股票的投資者必須在該公司強勁的營收增長和該公司獨特的公司治理結構間做出權衡。儘管阿里巴巴的營收上季度增長了將近50%，該公司卻實行一種合夥人制度。根據這種合夥人制度，一個由30名高管組成的合夥人團隊擁有阿里巴巴董事會多數董事的提名權。
The stock – which trades under the ticker BABA – closed at $93.89, compared to the $68 per share offer price late on Thursday. The shares began trading on Friday at $92.70, the largest opening rise for an IPO over $10bn, according to Dealogic.
About 100m shares changed hands in the first 10 minutes, as the price briefly hit $99.70 before dipping back below the opening price to around $90 in lunchtime trading. By day’s end more than 271m shares were traded.
The closing price gives Alibaba a market capitalisation of $231.4bn, giving the 15-year old company a greater market valuation than JPMorgan, Toyota and Facebook, but less than Google.
Shares in Alibaba opened almost 27 per cent higher at $92.70 on their debut on the New York Stock Exchange on Friday, catapulting it into the world's top 20 largest publicly traded companies.
The Chinese e-commerce company sold shares for $68 on Thursday night, making its initial public offering the third-largest in history with $21.8bn raised.
The FT reported that Alibaba has been focused on how the shares would trade once they were sold and were prepared to leave money on the table.
Having transformed retailing in China, founder Jack Ma has taken Alibaba public as the company eyes overseas expansion.
Relatively unknown outside China, Alibaba generates the bulk of its revenues, which hit $2.5bn last quarter, from the adverts that businesses put on its marketplaces.
They are Taobao, a consumer-to-consumer market place, and Tmall, which lets big brands sell directly to buyers.
週五收市時，阿里巴巴的股票每股報93.89美元。週四晚上，這家中國電子商務公司曾將其股票發行價定爲每股68美元，週五正式開始出售其股票時，其開盤價達到每股92.70美元。
僅僅在開售最初的10分鐘中，阿里巴巴的股票就有一億股易手，其股價曾一度達到每股99.70美元，後來到午盤時又跌到開盤價以下，跌至大約90美元，收市時，又反彈至93.89美元，全天共有超過兩億七千一百萬股易手。
93.89美元的收盤價使阿里巴巴的市值達到2314億美元，超過了摩根大通（JPMorgan）、豐田（Toyota）和Facebook的市值，但低於谷歌（Google）的市值。
此前，據英國《金融時報》報道，阿里巴巴一直將主要精力集中於股票的公開銷售情況上，爲此他們不惜壓低發行價。
在改變了中國零售業之後，阿里巴巴把眼光放在了海外擴張上，如今公司創始人馬雲成功將該公司上市。
根據商家放在市場上的廣告，儘管阿里巴巴在中國以外知名度相對不高，該集團上個季度的營收卻高達25億美元。
這些商家包括C2C（個人對個人）模式的淘寶(Taobao)網站，以及讓大品牌直接面向買家開展銷售的天貓(Tmall)網站。
不過，買入阿里巴巴股票的投資者必須在該公司強勁的營收增長和該公司獨特的公司治理結構間做出權衡。儘管阿里巴巴的營收上季度增長了將近50%，該公司卻實行一種合夥人制度。根據這種合夥人制度，一個由30名高管組成的合夥人團隊擁有阿里巴巴董事會多數董事的提名權。
