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

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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 ...

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