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Alibaba plans $15 bn Hong Kong listing by November-end: Reports
short by Dharna / on Friday, 8 November, 2019
Chinese e-commerce giant Alibaba is planning to list in Hong Kong in the last week of November to raise up to $15 billion, Reuters reported. The company currently holds the title for the world's largest Initial Public Offering (IPO) for its $25-billion float in the US in 2014. It will reportedly seek approval from Hong Kong's listing committee next week.
read more at Reuters