Alibaba Raises $10 Bln in Record Hong Kong Share Sale
Anthony, just give us the scale and size of this for Alibaba, what it tells us about their ambitions and why it's been met with such negativity by investors. This is a pretty big deal in the context of the entire market, right. It's the largest follow on offering in Hong Kong history. It's a big deal in the context of the market liquidity. It's about a third of the volume of the entire market on an average day, and it's about three and a half times the normal trading volume of Alibaba.If you include the Hon ...