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

The 5 steps to effective data protection
The 5 steps to effective data protection
Understanding the next security control points: applications and workloads
Understanding the next security control points: applications and workloads
Best security practices after rapid Digital Transformation
Best security practices after rapid Digital Transformation
The CISO View 2021 Survey: Zero Trust and Privileged Access
The CISO View 2021 Survey: Zero Trust and Privileged Access
How and why to backup your Office 365 tenant
How and why to backup your Office 365 tenant

Events

Most Read Articles

Intel orders ASML system for well over $470 million

Intel orders ASML system for well over $470 million
Kmart Group lands new head of cyber security

Kmart Group lands new head of cyber security
NSW Justice takes charge of massive government ERP consolidation

NSW Justice takes charge of massive government ERP consolidation
Accenture wins $163m deal for single NSW gov ERP system

Accenture wins $163m deal for single NSW gov ERP system

Digital Nation

Case Study: Intrepid Group uses global travel shutdown to reimagine HR function
Case Study: Intrepid Group uses global travel shutdown to reimagine HR function
Catastrophic governance failures are rooted in organisational culture
Catastrophic governance failures are rooted in organisational culture
Highlights 2021: Automation drives marketing success but complexity torments delivery
Highlights 2021: Automation drives marketing success but complexity torments delivery
Fringe innovation unlocks power of diverse thinking
Fringe innovation unlocks power of diverse thinking
Case Study: Keeping CPA's board up to date about cybersecurity risks
Case Study: Keeping CPA's board up to date about cybersecurity risks

Log In

Email:
Password:
  |  Forgot your password?