Alibaba's IPO

Yes. Alibaba—like China—is big. It just had the biggest IPO in the history of the United States, raising $25 billion. The question is: How did it get so big and does its size help it compete in other countries like the United States?

One thing is for sure: Alibaba’s IPO is going to be huge. The answer to other questions, such as valuation, use of capital, and the track record of Chinese stocks on U.S. exchanges are less obvious.