Alibaba promises record debut in New York Stock Exchange

(AGI) New York, Sept 19 - Chinese online shopping companyAlibaba is set out to make a record debut in the New York StockExchange with its shares selling at 68 dollars. Including theexercise of stock options, the company could even raise over 25billion dollars, thus outperforming the 22.1 billion dollarrecord set in 2010 by AgBank, another Chinese company. Themarket value of the Beijing-based e-commerce giant is estimatedto be around 168 billion dollars, higher than that of its mainU.S. competitor Amazon. .

(AGI) New York, Sept 19 - Chinese online shopping companyAlibaba is set out to make a record debut in the New York StockExchange with its shares selling at 68 dollars. Including theexercise of stock options, the company could even raise over 25billion dollars, thus outperforming the 22.1 billion dollarrecord set in 2010 by AgBank, another Chinese company. Themarket value of the Beijing-based e-commerce giant is estimatedto be around 168 billion dollars, higher than that of its mainU.S. competitor Amazon. .