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Alibaba to close books early in $13.4 billion Hong Kong listing after strong demand: sources

WorldNews Tuesday, 19 November 2019
Alibaba to close books early in $13.4 billion Hong Kong listing after strong demand: sourcesBy Scott Murdoch HONG KONG (Reuters) - Alibaba will stop taking orders from prospective institutional investors for its $13.4 billion secondary listing in Hong Kong earlier than expected after attracting strong demand, two people with direct knowledge of the matter said. Order books will now close on Tuesday at 12 p.m. in New York (1700 GMT),...
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News video: Alibaba gets strong demand for IPO - sources

Alibaba gets strong demand for IPO - sources 00:57

Alibaba has received strong demand for its upcoming IPO, according to Reuters sources. Julian Satterthwaite reports.

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