The expectation grows for the IPO of Alibaba, which in the face of strong investor demand raised the price of the initial offer. The "fork" was in fact raised to 66-68 dollars compared to the previous 66 dollars. No increase, however, for the number of securities placed, over 320 million.
Alibaba's final pricing is expected on Thursday evening following the roadshow, with trading under the ticker symbol BABA on Friday morning on the New York Stock Exchange.
At the top of the new price range, the initial placement of the Chinese e-commerce giant will therefore rake in more than the 24,3 billion dollars calculated at the top of the previous range, clearly establishing itself at the top of the all-time IPO ranking currently led by the Agricultural Bank of China with 22,1 billion raised in 2010 and by Visa with 19,7 billion in 2008.
According to many analysts, Alibaba's market cap, as it landed on Friday, could also approach 200 billion dollars, head-to-head with Facebook.
