⬇ 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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.