Financial Times: Alibaba IPO may be delayed

Financial Times: Alibaba IPO may be delayed

Beijing time, July 11 afternoon news, people familiar with the matter told the Financial Times that Alibaba ( rolling news ) hopes to complete its initial public offering (IPO) within the next month, but since the company has not yet decided on the time to start the road show, their IPO date may be postponed.

It is reported that Alibaba still hopes to launch the roadshow on July 21. People familiar with the matter said that at least investors from the United States and Hong Kong will attend the roadshow, and several senior executives of the company will also appear.

If all goes well, Alibaba will still be able to launch its IPO on the date they previously scheduled, officially determine the issue price on the evening of August 7, and then start trading on the New York Stock Exchange the next day.

As the time for the planned roadshow is running out, Alibaba's original listing schedule may be forced to change. An insider also confirmed this speculation: "Everything is changeable now, and there is no specific plan yet." However, the insider revealed that Alibaba still hopes to start the roadshow before the end of July, so their shares may still be listed and traded in mid-August.

It is widely predicted that Alibaba will raise more than $20 billion in its IPO, making it the largest IPO in history.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.

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