If you have not already know, after rounds of ding-donging, Alibaba Group is finally confirmed to be listed in New York (US) in probably the biggest IPO in the United States.
Following are some brief stats of Alibaba Group's IPO :
Business : eCommerce (Largest in China)
Estimated Fund To Be Raised : US$21.1 billions (S$26 billions)
Expected Stock Price Range : US$60 to US$66 (valued at nearly $156 billions)
[more than eBay, LinkedIn and Twitter combined]
Expected To Begin Trading On : 19th September 2014
With its mammoth size, the question is would it breaks the IPO history of United States? before that, let's look at the Top 10 largest IPO in the world history :
1. Agbank (The Agricultural Bank of China) - raised US$22.1 billions in Hong Kong and Shanghai (2010)
2. ICBC (Industrial And Commercial Bank of China) - raised US$21.9 billions in Hong ......
