Thursday, May 30, 2019

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Alibaba to raise $20 bn through a second listing

By  May 30, 2019  No comments
Alibaba Group Holding Ltd. is considering raising $20 billion via a second listing in Hong Kong after a record-breaking 2014 New York debut, people with knowledge of the matter said, a mega-deal that will bring China's largest company closer to friendlier investors at home as US tensions escalate.

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