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The Imminent Alibaba Hong Kong IPO in Association with Capital Asset Management

2019-11-12 10:52:34 Business


Winner of best Hong Kong Broker Award; Capital Asset Management wealth provider is looking to gain new ground and provide better opportunities to their subscribers in a partnership with Alibaba Group. Having listed on the New York Exchange 5 years this September, Alibaba Group's staggering initial public offering of $25 billion shattered all records and became the largest IPO ever. The partnership between Capital Asset Management and Alibaba Group is scheduled to go public in Hong Kong this September. This according to Victor Shing Seong will "provide Capital Asset Management with a system of opening the doors to new retail clients with the potential to be a part of the forthcoming IPO along with some other unicorns that are set to list later in the year".

Founded in 1998 with about 101,958 employees, 636 annual active buyers, 120 million mobile users, 14 billion annual orders, $5.66 billion in revenue and £2.85 in net income all in 9 months as of December 31 2018 audit; the Alibaba Group had gone on to establish itself as the global leaders with E-commerce and showing over 120% gains since its listing. Capital Asset Management, on their part, has a rich history of consistency within the stock exchange industry. Apart from being an integral part of the largest IPO ever on September 18, 2014, that raised $21.8 billion, Capital Asset Management is joining hands again with the Chinese Giant online partner Alibaba Group which will be raising an enormous $20 billion for its imminent listing on the Hong Kong Stock Exchange. The recent surge in investor's interest in the Alibaba Hong Kong IPO is an attestation to the public trust Alibaba Group enjoys, and a reason for which the initial guide price experienced a slight increase from its proposed $40-$56 to between $46-$60.

Opening account with Capital Asset Management is free, without obligation, and takes less than 10 minutes to undergo. Apart from operating the most competitive fees in Hong Kong, Capital Asset Management also offer great support for managing your money, and it is among the pioneers in online trading, and with a strong financial profile that ensures customers confidence. For further information or to inquire regarding the Alibaba Group Hong Kong IPO, call Capital Asset Management on +852 581 924 57, mail:, or visit

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