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 　　Speaking ahead of a luncheon1 with institutional investors2 in Hong Kong, Alibaba Group Executive Chairman and Founder3 Jack4 Ma says even though his company is not listed in Hong Kong, he will continue to invest here.

　　"People say that Hong Kong lost Alibaba deal, but to me, I think Alibaba missed this great opportunity to be listed in Hong Kong. Maybe it's wrong time, because our incapable5 of communicating with Hong Kong. What we want to do in the future is try to give more Hong Kong small business opportunities and create opportunities for young people in Hong Kong to develop their career in China and in the world. "
　　Alibaba had originally sought permission to list in Hong Kong with its existing partnership6 committee, a group of 27 founders7, executives and other individuals that has the power to nominate a majority of the company's directors.
　　But the Hong Kong exchange refused to change its "one share, one vote" principle that underlies8 its listing rules, which have no place for weighted voting rights.
　　阿里巴巴亚洲路演拉首站香港
　　Jack Ma says he respects all decisions made by Hong Kong exchange.
　　"I totally understand and I fully9 support that Hong Kong exchange should not change its rules for one company. But Hong Kong has to change for its future and its young people, because the world is changing. "
　　Recently, the Hong Kong exchange is seeking public views about weighted voting rights, including multiclass share structures which is common in the US among technology companies like Facebook or Google.
　　It gives some shareholders10 a disproportionate say when it comes to voting matters.
　　Reports say that Alibaba already has sufficient demand to complete the deal in the current price range $60 to $66 US dollars per share, after a week of investors' meetings that started in New York last week.
　　Alibaba is expected to raise over 20 billion US dollars when it goes public in the United States later this week, making it the largest IPO in history.
　　Founded in 1999, Alibaba hosts a group of e-commerce businesses. Taobao and Tmall, just two of its B2B portals handled 248 billion US dollars in transactions last year, larger than Amazon and eBay combined.
　　For CRI, this is Li Jing in Hong Kong.

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1 luncheon V8az4     
n.午宴，午餐，便宴
参考例句：
  • We have luncheon at twelve o'clock.我们十二点钟用午餐。
  • I have a luncheon engagement.我午饭有约。
2 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
3 Founder wigxF     
n.创始者，缔造者
参考例句：
  • He was extolled as the founder of their Florentine school.他被称颂为佛罗伦萨画派的鼻祖。
  • According to the old tradition,Romulus was the founder of Rome.按照古老的传说，罗穆卢斯是古罗马的建国者。
4 jack 53Hxp     
n.插座，千斤顶，男人；v.抬起，提醒，扛举；n.（Jake）杰克
参考例句：
  • I am looking for the headphone jack.我正在找寻头戴式耳机插孔。
  • He lifted the car with a jack to change the flat tyre.他用千斤顶把车顶起来换下瘪轮胎。
5 incapable w9ZxK     
adj.无能力的，不能做某事的
参考例句：
  • He would be incapable of committing such a cruel deed.他不会做出这么残忍的事。
  • Computers are incapable of creative thought.计算机不会创造性地思维。
6 partnership NmfzPy     
n.合作关系，伙伴关系
参考例句：
  • The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
  • Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。
7 founders 863257b2606659efe292a0bf3114782c     
n.创始人( founder的名词复数 )
参考例句：
  • He was one of the founders of the university's medical faculty. 他是该大学医学院的创建人之一。 来自辞典例句
  • The founders of our religion made this a cornerstone of morality. 我们宗教的创始人把这看作是道德的基石。 来自辞典例句
8 underlies d9c77c83f8c2ab289262fec743f08dd0     
v.位于或存在于（某物）之下( underlie的第三人称单数 )；构成…的基础（或起因），引起
参考例句：
  • I think a lack of confidence underlies his manner. 我认为他表现出的态度是因为他缺乏信心。 来自《简明英汉词典》
  • Try to figure out what feeling underlies your anger. 努力找出你的愤怒之下潜藏的情感。 来自辞典例句
9 fully Gfuzd     
adv.完全地，全部地，彻底地；充分地
参考例句：
  • The doctor asked me to breathe in,then to breathe out fully.医生让我先吸气，然后全部呼出。
  • They soon became fully integrated into the local community.他们很快就完全融入了当地人的圈子。
10 shareholders 7d3b0484233cf39bc3f4e3ebf97e69fe     
n.股东( shareholder的名词复数 )
参考例句：
  • The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
  • the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

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