IPO (Initial Public Offering) has been an important aspect of the stock markets of the world, and the IPOs have seen a major fall in the overall trend of the year 2019. But there is a stock that has been intriguing the investors and has them anxiously waiting for it.
The stock is none other than Jack Ma founded the Chinese e-commerce giant that is known to the world by the name of Alibaba. Alibaba will be launching a 10-billion-dollar share sale for the first time after the year 2010 when it was made available to the people to invest. This can happen after the Alibaba shopping bonanza fest on 11th November that goes by the name of Single’s Day or maybe even postpones it to 2020 and risks it even more. The company might be not a sale for this year as the conditions of the market are pretty unstable, and this could potentially harm the gains that are expected from the so-called IPO that it is preparing for. The United States and China tensions, along with the political situation in Hong Kong, have caused the tech giant to move very cautiously, which we think is the right thing to do as a simple miscalculation could cost billions for the company.
This IPO can change the global scene and give China the boost that is required as the economy has been slowing down. The listing in the Hong Kong stock exchange is also a major cause of delay as the nation is seeing massive unrest, and the investors might not invest in seeing this situation.
Tags : IPO, Alibaba stock, public after 2010, date undecided, stock markets, Alibaba shopping,