1319
Alibaba on China-50 Index
World Economy

Alibaba on China-50 Index

S&P Dow Jones Indices, which compiles several of the world’s most widely tracked stock benchmarks, said on Friday Chinese e-commerce titan Alibaba Group Holding Ltd would be added to one of its indices after a fast-track analysis because of its record-sized IPO. The company, whose initial public offering raised $25 billion to become the world’s largest ever, will be added to the Dow Jones China Offshore 50 Index effective after the close of trading on Oct. 2, S&P Dow Jones Indices said in a statement.

Short URL : http://goo.gl/dOO3dn

You can also read ...

Apple Begins Selling IPhone XS, XS Max Worldwide
Apple’s newest iPhone XS went on sale worldwide Friday as...
Lower-income families, already pinching pennies, are most exposed, given the likelihood of tariff-related price increases on everyday items.
China canceled trade talks with the US and will no longer send...
Taiwan Consumers More Upbeat on Economy
Confidence in Taiwan’s economy edged higher in September after...
Dairy Exports Hinder US-Canada Deal
One of the last remaining points of contention in the trade...
Turkey, Venezuela Plan to Use Local Currencies
Turkey and Venezuela are eager to use local currencies in...
EU foreign affairs chief Federica Mogherinia (L) and Transport Commissioner Violeta Bulc present the proposal  for an EU strategy for connecting Europe and Asia.
While European Union leaders were in the middle of another...
Japan to Resist New Auto Tariffs
The Japan-US ministerial-level trade talks scheduled on Monday...
Pakistan Seeks  to Increase  Exports to China
In a positive development, an important mission from China is...

Trending

Googleplus