Absrtact: Today the science and technology industry has two major events, the IPhone 6 global offering and Alibaba IPO in NYSE. According to Sina Technology correspondent Zheng, the first couple in line at Apple's flagship store in New York have been waiting for 18 days. Most of the line of fruit
on the scene
Today, the scientific community has two major events, the IPhone 6 global offering and Alibaba IPO on the NYSE. According to Sina Technology correspondent Zheng, the first couple in line at Apple's flagship store in New York have been waiting for 18 days. Most of the fruit powder lined up at the scene was at least waiting for days. It seems hard to wait three days for the latest iphone, but if you want to buy Alibaba stock on the issue price, it's not a line to settle.
While the Native Americans are far less enthusiastic about Alibaba's IPO than the iphone 6. According to news from discount brokers, Alibaba's IPO accounts for only One-fourth of Facebook's public offerings and one-second of Twitter when it went public. But Alibaba's IPO left them only about 10% per cent, with more than $20 billion worth of Alibaba shares distributed through institutional investors.
According to previous reports, Alibaba's shares in the road show at the second stop on the completion of the oversubscribed. A staff member who was involved in the roadshow told 36 Krypton that the number of institutional investors involved in the roadshow was between 200% and 400%, about three times times the time of the Facebook roadshow two years ago, and that the order conversion rate was higher. have been able to get close to "small IPOs" such as Twitter and LinkedIn.
One side is the enthusiasm of the market, on the other hand Alibaba in order to maintain the share price "cover plate reluctant." According to WSJ, Alibaba and most of its shareholders have a deal banning them from selling shares at the time of the IPO. These internal staff can only in a few months after the gradual reduction of cash.
As a result, many organizations predict that the opening price of Alibaba's IPO may skyrocket, with 100 of dollars not inconceivable. Alibaba has just over 35 p/E ratios, even on a 100 dollar basis, similar to current Facebook.
36 Dovey, the head of Krypton North America, today called a number of stockbrokers to inquire how to invest in Alibaba's Pre-ipo,pre-ipo, which is usually offered at or below its IPO price, to sell to investors before listing, but she found that stockbrokers were asking for 25 to 500,000 dollars to vote, Or be told that the product has been closed.
The general Investment account for Fidelity Securities requires 500,000 of dollars in assets and is eligible to participate in Alibaba's IPO subscription with more than 36 transactions completed over the past year. Domestic also has some funds to launch the Alibaba IPO product, most also will stipulate 1 million yuan to start a vote. But even this is in short supply, such as Huaxia fund announced in July because the market is too hot to quit Alibaba IPO "dozen new."
Not eligible to participate in the IPO dozen new funds will also find ways to get a slice of the pie, such as BofA Merrill Lynch. According to stories on Wall Street, they first bought SoftBank and Yahoo shares, then evaluated Alibaba's share and value in two companies, then shorted Alibaba in SoftBank and Yahoo shares, and packaged shares and empty warehouses to get a synthetic imitation of Alibaba.
I do not understand this operation, but I can feel that they are really hard to fight!
So for the domestic ordinary investors, perhaps only to meet the internal staff can be a reasonable price in advance to buy Alibaba stock. On the one hand, Alibaba employees inside the stock exchange is very frequent, on the other hand, Alibaba's relatives and friends program also allows them to be listed at a slightly lower price than prices to buy shares. But even so, a person involved in a similar transaction told Krypton 36 that the market had already surpassed 70 dollars.
Another option is that the Alibaba option, which started on September 29, will be traded by the Chicago Options Exchange and the US international Stock exchange. But that's futures, and it's no different from waiting for the country to go public with the iphone 6.
A Kryptonian said Alibaba employees wanted to sell shares to him at a price of $40 a share at a time when Alibaba was wandering between HKEx and New York this March.
Alas, the most painful thing in life is this.