It was on June 20, 2016, and the price per share was 1 yuan.

Alibaba issued 500 million original shares

Alibaba's registered capital before listing was 10 million yuan. Alibaba Group was listed on the New York Stock Exchange on September 19, US time, and the issue price was determined to be 68 US dollars per share. On the first day, it rose sharply by 38.07% to close at 93.89 US dollars. The current share price is 102.94 US dollars, the share capital is only 2.513 billion US dollars, and the market value has reached 258.69 billion US dollars, with a return rate of more than 100 times. It is equivalent to the original share of 1 yuan before listing that year, which has now become 161,422 yuan.