Alibaba has priced its shares at HK$176 each for institutional and retail investors in its Hong Kong listing, according to a statement from the company.
The Chinese e-commerce giant has confirmed the deal for 500 million shares, which will raise up to $12.9 billion (£10 billion).
(Reporting by Scott Murdoch; Editing by Mark Potter)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| - GBX | -.--% | -9.65% | 49M | ||
| 80.04 USD | +0.73% | -1.59% | 195B | ||
| 36.99 USD | -0.08% | +0.22% | 2.41B | ||
