Excerpt from: Individual Equities CFDs and Spread Bets
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| November 06, 2007 | | Spread betting and contracts for differences on individual equities | Alibaba.com made its Hong Kong debut today, tripling its value and skyrocketing in price. However, some don't think that the tech sector stock is worth so much. Spread bets and CFDs on Alibaba.com should consider this from MarketWatch:
"I haven't been given any reason to think that it deserves to be priced
where it is," said Brook McConnell, president of South Ocean
Management, who oversees $20 million in equities throughout greater
China.
On the other hand, though, this is spurring the tech sector higher in the U.S., where stock futures are recovering from a bad start to the week.
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