The world’s biggest IPO is Agricultural Bank of China in 2010, which raised $ 22.1 billion.
Reuters writes that the listing will land at $ 21.8 billion.
The Chinese e-commerce giant Alibaba was founded by the English teacher Jack Ma 15 years ago. Now valued the company, which controls over 80 percent of China’s e-commerce, to well over a trillion crowns – more than twice as much as H & M.
Also in Sweden is increasing interest in e-commerce in China. One in four consumers in Sweden report that they acted from China in the second quarter, according to PostNord e-barometer.
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