Alibaba.com raised 1.5 billion US dollars from its initial public offering, the biggest ever by a Chinese Internet company, the Wall Street Journal reported Monday.
China's biggest business-to-business website priced the IPO at 13.50 Hong Kong dollars a share, the top end of its indicative range, the report said citing an unidentified source.
The IPO attracted 150 billion US dollars in orders from institutional investors and another 453 billion Hong Kong dollars in orders from individuals, the newspaper said.
Alibaba.com will list on the Hong Kong stock exchange on November 6, it said.
(1 US dollar = 7.80 Hong Kong dollars)
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