Deals
Alibaba Said to Plan to Stop Taking IPO Orders Early
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Alibaba Group Holding Ltd. has received enough investor interest for its initial public offering that it plans to stop taking orders for the sale early, people with knowledge of the matter said.
The Chinese e-commerce giant has enough demand to sell all the stock offered in the IPO at the high end of the $60 to $66 per-share range, the people said, asking not to be identified discussing private information.