Ali will be listed on the first day the stock soared it?

Alibaba Group ultimately determined to be $ 68 IPO price. Alibaba Group will be able to raise $ 21.8 billion through the IPO trading funds, officially became the nation's largest IPO. If the underwriters fully exercise their over-allotment option, the amount of funding could reach $ 24.3 billion, exceeding the Agricultural Bank in 2010 in Hong Kong to create a record of $ 22.1 billion IPO, becoming the world's largest IPO. Alibaba listing of more than 200 billion dollars are multi eating cake, but the share price on the first day and not necessarily skyrocketing, if investors can not buy IPO price, it is best not to intervene. Mainly the old shares to cash in person: Yahoo (122 million shares); Ma (1275 million); Caichong Xin (425 million) is not the largest shareholder Softbank cash Ma million shares sold in 1275, he will thus receive cash proceeds of $ 867 million (pre-tax, hereinafter the same); Cai Chongxin get $ 350 million; Alibaba shares obtained through the sale of $ 8.4 billion. Ma's Yunfeng Fund will sell more than 650 million shares, cash in $ 442 million. Yahoo to get $ 8.3 billion, the value of the remaining shares held by Yahoo approximately $ 27 billion. More than 22,000 employees of Alibaba Group will also cash in the IPO day. The existing staff is expected to sell about 1,240 million shares, former employees will sell another 310 million shares. In addition a number of foreign institutional investors will cash in, such as the American Silver Lake Capital (Silver Lake) will sell 5,890 shares held by nearly 7%.