Alibaba IPO after US Labor Day
CHINESE e-commerce giant Alibaba will begin marketing its much-anticipated United States initial public offering and go public on the New York Stock Exchange after the US Labor Day holiday on September 1, a source said yesterday.
The marketing roadshow, previously scheduled for late July in New York, London and Hong Kong, will be postponed for “procedural reasons” and to avoid clashing with Wall Street’s vacation, said the source, who wished to remain anonymous.
“If not for the delay, the roadshow, to last about two weeks, would have coincided with Wall Street’s traditional vacation time,” the source said. “Alibaba does not want to make the IPO process too hasty.”
The company submitted an updated IPO prospectus featuring an expanded board of directors to the US Securities and Exchange Commission last week. It has not yet received feedback from the SEC.
The IPO by Alibaba, a tech world titan, is expected to be one of the biggest in US history.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.