Category: Initial Public Offering

Alibaba reportedly files for Hong Kong listing that could raise up to $20B

Alibaba reportedly files for Hong Kong listing that could raise up to $20B

Alibaba reportedly files for Hong Kong listing that could raise up to $20B 1
China’s e-commerce giant Alibaba Group Holding Ltd. has filed for an initial public offering on the Hong Kong stock exchange that could launch as soon as the third quarter of this year. Bloomberg and Reuters today reported that “people familiar with the matter” said the company hopes to raise up to $20 billion from the listing. […]

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