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October 12, 2007
More details from the Alibaba.com terms sheet: It seems that only Alibaba.com will be listed and the other properties belonging to the Alibaba Group, including www.taobao.com and Yahoo China properties, will remain separate. Alibaba.com will offer 17% of its total registered share capital for an estimated US$1 billion dollars, giving Alibaba.com a market ca...
October 11, 2007
In banking news, China’s Bank of Communications (Bocom) shares were up as much as 9.5% on speculation that HSBC was interested in increasing its stake in the bank. Bocom shares have risen 77% since their IPO on May 14 of this year. HSBC bought a 19.9% stake in Bocom back in August of 2004 but this position was diluted down to 18.1% after Bocom’...
September 27, 2007
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