SaxoTV

Garnry: Alibaba IPO gets off to record breaking start

343 views
September 19, 2014 ali, alibaba, alibaba china, alibaba going public, alibaba group, alibaba holdings, alibaba investment, alibaba ipo, alibaba logistics, alibaba ma, alibaba market share, alibaba new york, alibaba public offering, alibaba revenue, alibaba shares, alibaba shipping, alibaba stock price, alibaba stocks, alibaba valuation, alibaba.com, alicia keys, alimentos, aliplay, angus walker, china, china economy, china growth, china manufacturing, china slowdown, chinese economy, equities, equities trading, equity, equity bubble, equity index, equity market, equity market 2014, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity risk premium, equity strategy, equity trading, ipo, ipo bubble, ipo tech companies, ipos, online, online business, online companies, online company, online retail, online retailer alibaba, online retailers, online sales, online shopping, online trading, peter garnry, saxo tv, stimulus, sto, stock, stock market, stock markets, stock trading, stocks, stocks markets, stocks to watch, traders, traders tale, tradingfloor.com
Peter Garnry, Head of Equity Strategy at Saxo Bank, has the latest on the Alibaba IPO which launches today. Shares are priced at sixty eight USD and demand from traders is expected to break stock market records.Peter says the shares have a fair value of ninety USD and thinks that the pricing is deliberately "conservative" to attract retail investors to the stock.