商务英语阅读1

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1、InvestorsintheUnitedStatesarepreparingforthefirstpublicsaleofstockintheChinesecompanyAlibaba.ThecompanysellsgoodsbylinkingbuyersandsellersinthehugeChineseonlinemarket.Alibabaisexpectedtomakeitsinitialpublicoffering,calledanIPO,inSeptemberontheNewYorkStockExchange.Thetotalvalueo

2、fthecompanybasedinHangzhouhasbeenestimatedatabout$200billion.ReportsfromBloombergNewssayAlibabaisofferinginvestorsa12percentshareofthecompany.Thatwouldmeanthecompanycouldraiseasmuchas$20billioninthepublicstocksale.AftertheIPO,Alibabacouldbecomeoneofthemostvaluabletechnologycomp

3、aniesintheworld.Appleforexample,hasamarketvalue市值ofabout$600billion,Googleisvaluedatabout$390billion,andMicrosoftisworthabout$370billion.Thee-commercecompanyisresponsibleformostonlinesalesinChina.ItdealtwithmoreexchangeslastyearthanU.S.companiesAmazonandeBaycombined.Andithasmor

4、ethan230millionactivebuyers.ScottKennedyisdirectorofIndianaUniversity'sResearchCenterforChinesePolitics&Business."Alibabahasgrownfromaverysmallcompanydoinge-commerce15yearsagoorsotonowbeingthedominante-businesscompanyinChina,"Kennedysaid.Mr.KennedysaysAlibabahasexpandedintonewa

5、reaswhilegrowingitsshareofthee-commercemarket."Itisalsoinvolvedinbankingandotherareasandhasjustbeengrowingsodramaticallythatitnowaccountsfor80percentofe-commerceinChina,"Kennedysaid.HesaysthecompanyisprofitablewhichisunusualforatechnologycompanyfirstofferinganIPO.Alibabahaschos

6、entosellitsstocktothepublicontheNewYorkStockExchangeratherthaninChina.ScottKennedysaysthatsellingstockonChineseexchangeshasbeendifficult."Chinesecompanieshavebeentryingtoraisecapitalonstockmarketsforalongtime.WithinChinalistinghasbeendifficultandthatmarkethasnotdoneverywell,"Ke

7、nnedysaid.HesaysthattheChineseeconomyhasgrownquicklyovertheyears,buthasnotsupportedstrongstockmarketactivity.TheCaliforniabasedInternetcompanyYahooownsaboutone-forthofAlibaba.TheIPOinSeptembercouldincreasethevalueofYahoo'sshare.Chinaisnowtheworld'ssecondlargestmarketfore-commer

8、ce.