Alibaba Kicks Off Hong Kong Offering

Alibaba aims to broaden its investor base by listing in Hong Kong, fulfilling a longstanding ambition. Despite missing out in 2014, the company sees this as a homecoming and a strategic move to gain favor with the Chinese government and regional investors. The ongoing Hong Kong protests are not expected to impact the listing, as Alibaba focuses on long-term goals. The listing is seen as a boost for the Hong Kong Exchange, which has faced liquidity challenges. Alibaba's share pricing at 188 HKD is designed to attract retail investors, with international pricing yet to be determined.

What was one of Alibaba's primary reasons for listing in Hong Kong?

• To exit the New York Stock Exchange

• To merge with a local company

• To broaden its investor base

• To reduce operational costs

How did the ongoing Hong Kong protests affect Alibaba's listing plans?

• They resulted in a lower share price

• They caused a delay in the listing

• They did not significantly impact the plans

• They led to a change in listing location

What is one potential benefit for the Hong Kong exchange from Alibaba's listing?

• Increased liquidity

• Decreased competition

• Lower transaction fees

• Higher regulatory standards

What is the significance of Alibaba's share price being set at 188 Hong Kong dollars?

• It is the highest possible price

• It matches the New York listing price

• It is considered auspicious

• It is a random number

What is a key factor that could influence the international pricing of Alibaba's shares?

• The number of retail investors

• The outcome of the roadshow

• The company's annual profit

• The exchange rate