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Alibaba sets eyes on $15 bn Hong Kong listing: report

Energy Daily Friday, 8 November 2019 ()
Alibaba sets eyes on $15 bn Hong Kong listing: reportHong Kong (AFP) Nov 8, 2019

Chinese online retail titan Alibaba is hoping to raise up to $15 billion in a Hong Kong IPO, a report said Friday, which would be the city's biggest listing for nine years. The share sale by Asia's biggest company would also come as Hong Kong authorities battle months of sometimes violent protests that have dented the financial hub's economy and reputation. Alibaba is looking to scoop up
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News video: Why Alibaba Is Moving Ahead With $15B Hong Kong Listing Despite Unrest

Why Alibaba Is Moving Ahead With $15B Hong Kong Listing Despite Unrest 01:26

Chinese e-commerce giant Alibaba Group is looking to kick off a Hong Kong share offering to raise as much as $15 billion later this month, despite ongoing protests in the China-controlled city-state that have been marked by months of protests. The U.S.-listed online marketplace known as the "Amazon...

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