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Alibaba is first step to selling stocks

Alibaba Group Holding started to price their stocks at around 175 HK (approx. 22.49 USD) and raised about 11 billion USD emits the shares on the Hong Kong bourse. The final price can change because it is not formally set. Second time it can change after putting stocks on secondary market. Many analysts say that... Alibaba is first step to selling stocks
Alibaba Group Holding started to price their stocks at around 175 HK (approx. 22.49 USD) and raised about 11 billion USD emits the shares on the Hong Kong bourse.

The final price can change because it is not formally set. Second time it can change after putting stocks on secondary market.

Many analysts say that it will be the biggest or second biggest (after Saudi’ s Aramco emission) IPO sale globally this year. Company has already stopped taking orders on 500 million shares from institutional investors.

So, in few days Alibaba reveal the if it is or not the biggest IPO or not this year.

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Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Precious metals started the new of trading on a bullish note while US stock futures opened mixed on Monday following the Thanksgiving break. The volatility is expected to remain high this week, based on a list of important data and events. The ISM manufacturing PMI and the Core Personal Consumption Expenditures (PCE) Price Index may be the most market-moving events on the calendar this week.

Weekly review: Gold, USD, EURUSD and Dow Jones

Weekly review: Gold, USD, EURUSD and Dow Jones

Global equity markets settled higher last week after cooling inflation reports raised hopes of an end to interest rate hikes. Moving ahead, with a shorter week with the market being closed on Thursday and a half-day on Friday for Thanksgiving. However, before the Thanksgiving holidays, some intriguing US data is scheduled to be published. Minutes from the latest November 1 FOMC meeting will be released on Tuesday.