Alibaba will raise up to US$12.9 billion in Hong Kong listing - sources

By on
Alibaba will raise up to US$12.9 billion in Hong Kong listing - sources

Details of secondary listing leaked.

Chinese e-commerce giant Alibaba will raise up to US$12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8 percent discount to their last closing price in New York, two sources with direct knowledge of the matter said. The company has given guidance to prospective ...

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 finance

Sponsored Whitepapers

How Security as Code changes development and deployment for the cloud
How Security as Code changes development and deployment for the cloud
Tackle new ITSM priorities with this seven-step Micro Focus guide
Tackle new ITSM priorities with this seven-step Micro Focus guide
Tomago Aluminium improves SAP environment performance, security with Red Hat and IBM
Tomago Aluminium improves SAP environment performance, security with Red Hat and IBM
Future of work: Support your distributed HR workforce with digital document processes
Future of work: Support your distributed HR workforce with digital document processes
Develop a resiliency strategy that integrates risk analysis & continuity management
Develop a resiliency strategy that integrates risk analysis & continuity management

Events

Most Read Articles

Macquarie Bank looks to break free of IaaS

Macquarie Bank looks to break free of IaaS
Telstra-led consortium to build out NSW's digital twin

Telstra-led consortium to build out NSW's digital twin
Adobe scores $32m myGov software deal

Adobe scores $32m myGov software deal
CBA brings in tool to help verify $1bn tech budget is well-spent

CBA brings in tool to help verify $1bn tech budget is well-spent

Log In

Email:
Password:
  |  Forgot your password?