The largest IPO in the history of the United States started officially. Alibaba Group started the roadshow in New York on September 8 local time to promote equity to its investors. It was the Mid-Autumn Festival back in China. Alibaba had previously announced the IPO price guidance range 60-66 U.S. dollars per share, while the highest valuation will reach $ 169.8 billion. This may exceed Amazon’s $ 160 billion market capitalization.
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