Jack Ma:There is philosophy in our company：never give up.Fifteen years ago，I talked to my eighteen founders in my apartment。
We want to be business that lasts 102 years.We want to be a company that will be the top ten websites of the world .That was 1999,and people “say you gotta crazy”Nobody believe I would be here,but I believe internet is gonna change china.And I also believe one thing ,this china will be influenced by us.And we want to do everything we could to prove that if we can be successful,80 percent of the young people in china can be successful.And I believe everybody should have a dream.And I believe that everybody should know one thing:Today is very difficult,Tomorrow is much more difficult.The day after tomorrow is beautiful.Most people die on tomorrow evening.If don‟t work hard ,you have no tomorrow.Cai:Every minute form now on is sort historic,so I want to talk all the scenes and remember and it be able to tell my grandchildren.NEWS:Alibaba look like will go public sometimes.....This could happen pretty much within a month.....Cai:Ok please tell us we should file.People:Three two one here we go.NEWS:This is just crossing right now,Alibaba has filed for its IPO.Welcome back, Alibaba is filing for its IPO.Could be the largest IPO ever,we will see what kind of market capital it generate......Cai:Maybe we can just do quick summary of word numbers get updated.Is there one person who has had overall summary?I just want to understand.....Hey,Why don‟t you take the lead?Just take us through every item.So every work very closely together.This is like a family for big project,sometimes that‟s meaningful.To a lot of people I guess,including myself,this is sort of the deal of a life time.It a big milestone for the company.so I very excited to part of it,to actually work on the event,make this happen. Alright time‟s up.Cutting off on the comments.I am really pumped now actually.Finally this light at the end of the tunnel, and we‟ve done with printers finally.I feel better when it‟s .you know ,it‟s wire and go like. Right now we are at the last filing ,wait for the ....... Publish online,the prospectus .We are ready to lunch the roadshow on Monday.So let‟s take offThis is the schedule again while we are at Hong Kong,right.So we are asking people to come.to break their holiday into two.And we end up in London.This has been a very hard and torturious road to its face. We are coming here this time is not to raise money;We want to look for partners.I am Tiger Dickson head of global capital market at Citi. It‟s an honor to kick off the first official event of the Alibaba IPO on behalf of Citi.Credit Suisse ,Deutsche Bank, Goldman Sachs ,JPMorgan and Morgan Stanley.It was a great conviction, that I could say Alibaba is the most exciting companies would come across in ourcareers.So how many people will be here?Eight to nine hundred.So I just gonna quickly brief you guys,management is gonna sit on the first row.There‟s gonna be the Alibaba logo,and then that‟s where Brady will go on the stage and do an introduction of the event.We he‟s done then he will introduce Jack.We are running a business that nobody in the world.in the history has done before.It‟s such a powerful ecosystem.What we are building is not an empire of business.Our mission is helping small business,doing business simple and easier.When I found Alibaba,everything I do I try to make sure that people join Alibaba can be better than I am.I bring you this with …happy birthday‟,Jack Ma.This is a marathon.We are not a Chinese Internet company.We are an internet company just happened to be in china. We hope that we can use our ecosystem to help people all over the world.And we provide the platform to enable them to connect to their customers.For a company that is known a little by a lot of people,I Think the way that the roadshow went in the United states, was absolutely,spectacular.Day and night ,guard the mission and value of the company.like Jack Ma like Joseph Tsai, like Jonathon,like Daniel,like Maggie.These people think about future.These people think about small business.These people worry about the future of the mission.Getting easier and easier.So today I wanna come here for looking partners.We‟re been working very hard for 15 years.We are a pretty lucky company.Next 15 years,what we gonna do.We are in London.We are excited getting closer to the last day.The management team demonstrated voice and grace ...incredibly run the ten-day roadshow around the world.300 billion dollars which is far beyond anybody‟s expectation.Beginning the process,the expectation were high.It‟s a pretty historical moment so I wanna speak slowly.I think there is only one agenda item which is set the price of the stock which will determine the IPO valuation of the company,The recommendation on behalf of the join look runners is priced at the highest end of advised range,68 dollars.See ,very satisfide.All directors‟ faces.So I think we are ready to approve this price.68 dollars per share.Well,I Think we are all nervous, because it is such an exciting event.I think a lot of people are waiting for today.Just beginning, which is actually the amazing party. Just begin, we have probably about 350 reporters outside. They may be yelling,they may be screaming,this is just part of this.In terms of the opening of the stock,very exciting.I feel like it will be long of a time.Jack will ring the bell,and then.....Ma:15 years ago,Joe and I came to USA.We were rejected by 30 venture capitalists.Nobody believe I would be here.15 years ago,nobady believed we can finish 300 billion transactions.And we are lucky.Our team make things happen.With my team, this scene will never happen.Open to 92.7 dollarWhat we raised today is not money, it‟s the trust,it‟s the responsibility that we have.We can help millions and millions of small businesses,and create millions and millions of jobs. 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