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

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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 ...

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