Alibaba and Tencent shares fall sharply after latest crackdown
Shares of Chinese technology firms Alibaba and Tencent fell sharply on Monday. One day before, China's SAMR published a list of 28 deals that violated anti-monopoly rules. It included five of Alibaba's transactions and 12 of Tencent's.
Jul 11, 2022, 13:51 PM IST
Alibaba IPO ranks as world's biggest after additional shares sold
Alibaba`s initial public offering now ranks as the world`s biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.
Sep 22, 2014, 17:26 PM IST
Alibaba set to price IPO shares amid investor frenzy
In a note Thursday, analysts at Morningstar said the shares are more fairly valued at $90 each.
Sep 18, 2014, 23:22 PM IST
