CRI听力:Alibaba is to Start IPO Roadshow This Week
2014-09-08来源:CRI
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After a one-week delay, Alibaba is to start its IPO roadshow this week.
The company is reportedly going to go public on the New York Stock Exchange next week.
Last Friday, Alibaba disclosed its initial public offering price range for the first time, which stood between 60 and 66 US dollars.
It will offer a total of 320 million shares, taking the whole size of the IPO to approximately 20 billion dollars.
The IPO would be the largest in U.S. IPO history, exceeding the 18-billion-dollar initial offering of Visa Inc. in 2008.
For more on Alibaba's IPO, we are joined on the line by Mike Bastin, Visiting Professor at China's University of International Business and Economics.
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