Alibaba IPO Paves Way for More Chinese Companies Listing on NYSE - Video - TheStreet

Alibaba IPO Paves Way for More Chinese Companies Listing on NYSE

David Ethridge explains the work that went into ensuring that Alibaba's first day of trading ran smoothly.
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With Chinese e-commerce company Alibaba's successful open on the New York Stock Exchange on Friday, David Ethridge, senior vice president and head of capital markets at NYSE, explains the work that went into ensuring that its first day of trading ran smoothly. Ethridge reveals how the record $21.8 billion initial public offering sets the stage for more Chinese companies listing on the NYSE. He says the pipeline of companies set to list on the NYSE in the coming months is robust, and securing a deal of this magnitude stands to help the exchange as it pitches listings to additional companies in the future.