Alibaba launches US$13.4bn Hong Kong listing to fund expansion

By
Follow google news

Braving unrest in the global financial hub.

Alibaba launches US$13.4bn Hong Kong listing to fund expansion
Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to raise up to US$13.4 billion to fund its expansion plans. The stock is due to start trading on Nov. 26 in Hong Kong, according to a term-sheet...

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

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

ANZ Banking Group names acting CISO

ANZ Banking Group names acting CISO

BoQ looks to legacy decommissioning as core consolidation gains pace

BoQ looks to legacy decommissioning as core consolidation gains pace

TAL prioritises data and AI with "largest-ever technology deal"

TAL prioritises data and AI with "largest-ever technology deal"

ANZ Banking Group finds AI chief

ANZ Banking Group finds AI chief

Log In

  |  Forgot your password?