In touch with the world ... at home on the High Plains

Donate

Play Live Radio

Next Up:

0:00

0:00 0:00

Available On Air Stations

KJJP-FM 105.7 is currently operating at 15% of power, limiting its signal strength and range in the Amarillo-Canyon area. This due to complicated problems with its very old transmitter. Local engineers are continuing to work on the transmitter and are consulting with the manufacturer to diagnose and fix the problems. We apologize for this disruption and service as we work as quickly as possible to restore KJPFM to full power. In the mean time you can always stream either the HPPR Mix service or HPPR Connect service using the player above or the HPPR app.

When Investors Buy Alibaba Shares, They Won't Get What They Paid For

By Zoe Chace

Published September 12, 2014 at 3:21 PM CDT

When the Chinese e-commerce company Alibaba goes public, it's going to the biggest public offering ever. When investors buy their shares, however, they won't be buying an ownership stake in Ali Baba's profitable websites. Instead, they will be buying shares in a holding company based in the Cayman Islands. It's illegal for Chinese Internet companies to accept investment from outside the country, but Alibaba has found an ingenious way to still get the $20 billion they want from outside investors.

Zoe Chace

Zoe Chace explains the mysteries of the global economy for NPR's Planet Money. As a reporter for the team, Chace knows how to find compelling stories in unlikely places, including a lollipop factory in Ohio struggling to stay open, a pasta plant in Italy where everyone calls in sick, and a recording studio in New York mixing Rihanna's next hit.

See stories by Zoe Chace