⬇ Alibaba - Alibaba is looking to raise US$10bn. That is a 3.7% increase in NOS and 7.4x ADV, so not hugely material. Passives will buy between 11-12% of the placement over the next 3 months.
Continue reading on Smartkarma:- https://www.smartkarma.com/insights/alibaba-9988-hk-index-implications-for-us-10bn-placement?utm_source=tiger_community
By Brian Freitas, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/brian-freitas?utm_source=tiger_community
On Alibaba (09988):- https://www.smartkarma.com/entities/alibaba-group-holding-limited?utm_source=tiger_community