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Tag Archives: Boon for Hong Kong as Alibaba’s eyes $15 billion late November listing: sources

Boon for Hong Kong as Alibaba’s eyes $15 billion late November listing: sources


November 8, 2019

Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests. The US-listed Chinese e-commerce giant is due to seek approval from Hong Kong’s listing committee on Thursday, two people …

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