The Alibaba IPO date is still at least two weeks away, but Alibaba's Chairman and co-founder Jack Ma is already feeling the impact of the massive IPO.
According to the Bloomberg's Billionaire Index, Ma's net worth has been calculated at $21.9 billion, making him China's wealthiest citizen - by a wide margin.
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According to a new report from The Wall Street Journal, the Alibaba IPO date will be set for early next week (Sept. 8), giving us a clearer idea when Alibaba stock will hit the market.
Multiple delays for an IPO are common, especially one the size of Alibaba's.
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A new report from The Wall Street Journal indicates that Alibaba stock could begin trading on the New York Stock Exchange as soon as Sept. 18 or 19.
The size of the IPO, and Alibaba Group Holding Ltd. (NYSE: BABA) itself, should make Alibaba stock a hot commodity when it hits the market. And not just for investors, but for mutual funds as well.
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The Alibaba IPO date is just weeks away, but there are still many questions to be answered before Alibaba stock begins trading on the New York Stock Exchange.
When is the exact Alibaba IPO date? How much money does Alibaba make? What's the Alibaba IPO price?
These are just a few of the questions that investors have as Alibaba Group Holding Ltd. (NYSE: BABA) prepares for one of the largest IPOs in history.
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