Hedge funds snubbed in Alibaba IPO allocation

Receading Hedge

Many hedge funds that placed orders for shares in Alibaba's initial public offering received woefully small allocations, highlighting the ultra-selective process that favored investors who already have a close relationship with the company.

What Alibaba learned from Facebook's IPO flop

Alibaba Coffee

By pricing Alibaba's widely-anticipated initial public offering (IPO) below market expectations, CEO Jack Ma is seeking to avoid a repetition of internet peer Facebook's disaster debut, say analysts.