Alibaba’s American IPO signals confidence in Chinese economy
Clip: 9/19/2014 | 6m 15s
Alibaba’s stunning American IPO signals confidence in Chinese economy
With 10 minutes of its rollout on the New York Stock Exchange, Chinese e-commerce company Alibaba sold 100 million shares and earned $25 billion. Though not a household name in the U.S., it’s extremely popular in China and enjoys close ties to the Chinese government. David Kirkpatrick of Techonomy joins Hari Sreenivasan to analyze what shareholders invested in today.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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Alibaba’s American IPO signals confidence in Chinese economy
Clip: 9/19/2014 | 6m 15s
With 10 minutes of its rollout on the New York Stock Exchange, Chinese e-commerce company Alibaba sold 100 million shares and earned $25 billion. Though not a household name in the U.S., it’s extremely popular in China and enjoys close ties to the Chinese government. David Kirkpatrick of Techonomy joins Hari Sreenivasan to analyze what shareholders invested in today.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...