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: info@assetmanagementhk.com, or visit www.assetmanagementhk.com.
