Freed Alibaba shares may trade hands, a lot

On March 18, 429 million Alibaba shares, or 18% of the company, become eligible for institutional investors to trade for the first time.

Freed Alibaba shares may trade hands, a lot

Investors and traders are bracing for a potentially epic sell-off of Alibaba shares, with 429 million shares, or 18% of the company, eligible to hit the market on March 18. This marks the six-month expiry of lockups for select institutional investors from the company’s $25.03 billion jumbo initial public offering of September 18, 2014.

According to sources, a number of these investors are keen to sell and make a profit. Although it is unlikely they...

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