Alibaba sets eyes on $15 bn Hong Kong listing: report
Friday, 8 November 2019 Hong 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
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...