China’s Alibaba launched on the New York Stock Exchange today, the largest IPO ever on Wall Street. Internet Trading company is growing rapidly and the excitement and the excitement was great when the bell rang for the opening of the stock exchange.
The launch is expected to pull in 22 billion in retail for the company and the price of low share in the initial trade of between 80 and $ 83 – up, then, compared with the price set at $ 68 yesterday for the big buyers.
Alibaba’s founder, 50 year-old Jack Ma, said to be one of China’s richest men, was on the floor of the exchange on Wall Street, surrounded by the largest investors – all with tense faces and big smiles.
Jack Ma, who marched in with hundreds of journalists in tow, was formerly an English teacher but his business 15 years ago has made him both as management and many employees of Alibaba wealthy. The company has encouraged the formation of a number of other Internet companies.
Jack Ma had no problem in good English to explain that his hero is Forrest Gump, a film he sees over and over again.
– The message that whatever happens, be yourself. I’m still the same guy who earned $ 20 a month once and now I can do what I want, he said.
Confidence is the key, according to Jack Ma, who promised to protect customers and investors.
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