Fund is intended to take the opportunity to play a new sea hit the reef

With Alibaba IPO date is approaching, a massive domestic big-name fund brewing plans to hit the sea hit the reef. Reporters learned yesterday, the China Fund has suspended the Ali IPO asset management products, and the other is ready to go to sea Harvest Fund product line date has not been determined.

Recently, Huaxia Fund, Harvest Fund have launched products, intends to participate in IPO Alibaba "hit trendy." Two products are not yet on the line has been the first fire, Huaxia Fund special account "Overseas Oriented Asset Management Plan (Alibaba)" Reservation is full.

However, the market has been exposed recently, China Overseas Fund on the 1st asset management plan on the 10th has been suddenly stopped. In response, China Fund confirmed it, but did not explain the reasons for the stop. Harvest Fund also said yesterday that playing new products has not yet been confirmed on the date, is still in progress.

Market analysts believe that, as China's largest e-commerce company, Alibaba's IPO is expected to become the world's largest ever IPO. According to the prediction of professionals, Ali's total market capitalization is estimated at about 150 billion U.S. dollars and its market capitalization may reach 200 billion U.S. dollars. In the meantime, however, if the price of an IPO is too hot, it will also bring a lot of uncertainty to the price of the listed shares.