Tagsecond listing

Alibaba May Pursue $20B Hong Kong Listing amid Trade Tension: Report

Jack Ma, Alibaba

By CCN: As U.S.-China trade war tensions escalate, Alibaba Group is toying around with the idea of raising $20 billion via a Hong Kong listing, Bloomberg reports citing unnamed sources due to the privacy of the matter. Chinese tech leader Alibaba, of which Jack Ma is the founder and chairman, debuted on the New York Stock Exchange in September 2014 and raised $25 billion – the largest IPO in...