6 Investment Banks May Participate In Alibaba IPO Work

< p > sources said, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley and Citibank and other 6 investment banks are likely to participate in Alibaba IPO.

< /p >

< p > earlier today, Alibaba Group officially announced that it has launched the company's < a href= "http://www.91se91.com/news/index_c.asp" > Listing < /a > matters.

Alibaba group's initial public offering place (IPO) was designated as the United States.

< /p >

< p > the official document of Alibaba group said that Alibaba decided to launch its listing in the United States today, so as to make the company more pparent and internationalized and further realize the long-term vision and ideal of Alibaba.

< /p >

"P >" we will actively participate in the return to the domestic capital market and share the growth of our domestic investors with the future conditions.

Thank you from all walks of life in Hongkong for your concern and support for the Alibaba.

We respect Hongkong's current policies and starting points, and will continue to pay attention to and support Hongkong's innovation and development. "

Alibaba said.

< /p >

< p >, however, the official documents of < a href= "http://www.91se91.com/news/index_c.asp" > Alibaba < /a > have not mentioned which investment banks will be appointed.

< /p >

< p > as the most notable IPO case in the past two years, when and where Alibaba group has been listed, it has been subjected to the concern of "a href=" http://www.91se91.com/news/index_c.asp "capital market < /a".

Because of this, Alibaba's listed trading has also become the world's top investment banks scramble for the feast.

< /p >

< p > it is reported that Ali will choose several investment banks to cooperate because of the market position of Alibaba and the size of the financing it is expected to generate.

Sources confirmed that Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley and Citibank six successfully finalists.

< /p >

< p > outsiders expect that Alibaba's IPO financing will reach US $15 billion, and the market value will be about 80 billion to 100 billion US dollars.

According to sources, the listing of Alibaba is expected to bring more than hundreds of millions of dollars to the investment banks.

< /p >

< p > according to the Bloomberg report, the average expectation of 10 analysts is that the valuation of Alibaba is US $153 billion and the market sales rate is 23 times.

In contrast, the market value of Amazon's $172 billion is only 2.3 times that of 2013, and the market value of eBay $73 billion corresponds to the 2013 sales rate of about 4.6 times.

< /p >