Premium / On the wires: Yet another round of financial engineering as Alibaba splits stock

first_img Email* Please either REGISTER or login below to continue Email* Premium subscriber LOGIN New Premium subscriber REGISTER By Alessandro Pasetti 17/06/2019 << Go back Password* “Alibaba plans a one-to-eight share split, as the e-commerce giant prepares for a stock sale that could be Hong Kong’s largest since 2010. (…) Alibaba is said to have filed for a listing in Hong Kong last week via a confidential exchange application.” – Bloomberg, 17 June.Fluffy statements: Alibaba (BABA) said that among other reasons, the “one-to-eight share subdivision” will increase the number of shares available for issuance at a lower per share price, and the board believes that this will increase flexibility in the ... Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Reset Forgotten your password? Please click here LOGIN Please Login Reset Your Passwordlast_img

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