Alibaba files for Hong Kong listing that may raise US$20 billion: source

By on
Alibaba files for Hong Kong listing that may raise US$20 billion: source

Revealed in confidential filing.

China's biggest e-commerce company Alibaba Group has filed confidentially for a Hong Kong listing that could raise up to US$20 billion as early as the third quarter of this year, a person with direct knowledge of the matter said. A deal of that size would be the biggest follow-on share sale ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
alibaba ecommerce finance hong kong

Most Read Articles

Telstra to have Australian agents answer all inbound calls from 2022

Telstra to have Australian agents answer all inbound calls from 2022
Woolworths identifies stores with stock in chats initiated from Google Search, Maps

Woolworths identifies stores with stock in chats initiated from Google Search, Maps
ATO to integrate new digital services API gateway

ATO to integrate new digital services API gateway
NBN Co to cut 800 staff by end of 2020

NBN Co to cut 800 staff by end of 2020
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Get IT, finance and business on the same page
Get IT, finance and business on the same page
Why is DevSecOps important to your business?
Why is DevSecOps important to your business?
Architecting Hybrid IT & Edge for Digital Advantage
Architecting Hybrid IT & Edge for Digital Advantage
Organizations Increasing Their Adoption of NFV
Organizations Increasing Their Adoption of NFV
Modernise IT by Reducing Your Reliance on AD
Modernise IT by Reducing Your Reliance on AD

Events

Log In

Username / Email:
Password:
  |  Forgot your password?