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Top 10 economic events that made news in 2014

Updated: 2014-12-29 07:53 By Mu Chen/Zhu Wenqian (China Daily)
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4. Alibaba float becomes the largest IPO in history

E-commerce giant Alibaba Group Holding Ltd made its public debut on the New York Stock Exchange on Sept 19. The company raised a record $21.8 billion in its initial public offering, which valued it at $231.4 billion, larger than Amazon.com Inc and eBay Inc combined.

Alibaba's shares closed up 38 percent on the first day of trading. Its IPO now ranks as the world's largest at $25 billion, after some shareholders exercised an option to boost the deal. The previous IPO record was set in 2010, by Agricultural Bank of China Ltd.

Top 10 economic events that made news in 2014
 

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