www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Testing time ahead for Alibaba shares

By MENG JING/TUO YANNAN (China Daily) Updated: 2015-03-17 07:40

Testing time ahead for Alibaba shares

German Vice-Chancellor, Economy and Energy Minister Sigmar Gabriel (left) holds a product and talks with the founder and executive chairman of Chinese e-commerce company Alibaba Group Holding Ltd, Jack Ma, as he visits the Alibaba stand during his visit to the CeBIT technology fair in Hanover, Germany, on March 15, 2015. [TOBIAS SCHWARZ/AFP]

Alibaba Group Holding Ltd, the Hangzhou-based e-commerce giant listed in New York last year, has confirmed that the 180-day lockup period of about 437 million of its ordinary shares will end on Wednesday, suggesting there could be a flood of its stock onto the market.

Alibaba's record-breaking IPO raised $25 billion on Sept 19, 2014.

Of the shares that will no longer be subject to the lockup, around 100 million will remain subject to Alibaba's employee trading restrictions until after the announcement in May 2015 of its earnings results, according to a statement released by the company.

The expiry of the lockup on Wednesday will, however, still make roughly 13 percent of Alibaba's shares available for sale to the public, which could raise concerns of a further drop in its share price.

Initial public offering lockups typically last anywhere from 90 to 180 days after the first day of trading, and are put in place to prevent shareholders with large proportion of ownership, such as company executives, from selling shares during the initial trading period.

However, analysts including Neil Flynn, portfolio manager at Alcuin Asset Management, said they remained bullish on Alibaba over the long run despite some existing risks it still has to overcome.

Despite its share price falling significantly since its quarterly earnings released at the end of January, Flynn said: "With all of the strong drivers in 2015, including the launch of Alibaba bank and its investment in social media, such as SnapChat, I don't think insiders would want to sell now."

"But until the lockup, we won't see many gains from Alibaba because investors will be concerned about it.

"Given the performance of the share price over the past few weeks, I think the lockup expiry is already priced into the valuation, and afterwards, we will see a rally," said Flynn.

Alibaba's share price has slipped from more than $100 at the beginning of the year to $81.86 as of Friday mainly due to its fight with the State Administration for Industry and Commerce, China's top commercial regulator, over counterfeit goods being sold on its Taobao site.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产成人精品免费午夜 | 国产亚洲精品久久久久久久久激情 | 99视频免费看| 在线观看 a国v| 97超级碰碰碰碰在线视频 | 国产精品分类视频分类一区 | 538prom精品视频在放免费 | 欧美日韩成人午夜免费 | 国产手机国产手机在线 | 国产美女动态免费视频 | 国产成人在线播放视频 | 成年人毛片视频 | 国产在视频线精品视频二代 | 久久国产精品岛国搬运工 | 美女视频永久黄网站免费观看国产 | 日本天堂网在线 | 亚洲欧美日韩精品永久在线 | 久久中文字幕久久久久91 | 深夜爽爽爽gif福利免费 | 国产欧美精品三区 | 视频一区在线 | 成人久久久久 | 亚洲午夜免费 | 亚洲视频一区在线观看 | 97免费视频观看 | 欧美高清免费一级在线 | 亚洲综合久久久久久中文字幕 | 欧美一级毛片特黄黄 | 日韩欧美一区二区在线 | 国产成人精品日本亚洲语音2 | 91日本在线观看亚洲精品 | 午夜精品尤物福利视频在线 | 亚洲精品tv久久久久 | 成人性毛片| 全国最大色成免费网站 | 99久久精品国产9999高清 | 久久亚洲不卡一区二区 | 成人毛片免费观看视频大全 | 国产精选在线播放 | 精品国产自在在线在线观看 | 日韩亚洲欧美一区二区三区 |