YHOO: Time running out for Alibaba to list in 2013

Time running out for Alibaba to list in 2013 • 1:59 PM

• "This doesn't look like a 2013 IPO anymore," a source familiar with Alibaba's IPO talks tells Reuters.
• Though reportedly prepping an IPO listing for the last few months, Alibaba continues to battle with Hong Kong securities regulators over its efforts to maintain founder/management control post-IPO.
• Meanwhile, as of Oct. 1, a company listing in HK has to name the banks taking it public at least two months before filing an IPO application. Processing the application usually takes a month, and selling the IPO to investors typically takes at least another month.
• Yahoo (YHOO +1.6%) investors don't seem too worried, as shares continue trading near $30 amid expectations Alibaba will be given a huge post-IPO valuation.

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