From the CNBC trash bag

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doni

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From the CNBC trash bag

posted on Sep 19, 2014 03:08PM



Title of Each Class of Securities to be Registered(1)	Amount to be Registered(2)(3)	Proposed Maximum Offering Price Per Share(3)	Proposed Maximum Aggregate Offering Price(3)	Amount of Registration Fee(4)
Ordinary shares, par value US$0.000025 per share	368,122,000	US$68.00	US$25,032,296,000	US$3,224,160

This is the initial public offering of Alibaba Group Holding Limited, or Alibaba Group. We are offering 123,076,931 American Depositary Shares, or ADSs, and the selling shareholders named in this prospectus, including Yahoo, one of our principal shareholders, Jack Ma, our executive chairman, and Joe Tsai, our executive vice chairman, are offering, in the aggregate, 197,029,169 ADSs. Each ADS represents one ordinary share, par value US$0.000025 per share. We expect that the initial public offering price of the ADSs will be between US$66.00 and US$68.00 per ADS. We will not receive any proceeds from the ADSs sold by the selling sharehold

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That's how you get rich...set a high degree of hype through CNBC and offer limited shares
The insiders sit on their holdings wile the price rises on 123,000,000 shares trading.