Alibaba Heading For Hong Kong Share Sale This Month (report)

China’s e-commerce and entertainment giant Alibaba is understood to be back on track with a secondary listing of its shares in Hong Kong. The listing might also raise up to $15 billion of additional capital. The group conducted a record breaking IPO in 2014 on the New York Stock Exchange and currently enjoys a market […]

Topics:  alibaba   hong   kong   ipo   new york stock exchange   share   listing   
BING NEWS:
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    The Hang Seng Index hit its highest since September 4 and the Shanghai Composite Index advanced 0.9 per cent as trading resumed after a five-day local holiday Goldman Sachs, BNP Paribas and UBS are ...
    05/5/2024 - 3:53 pm | View Link
  • Traders bet on faster interest rate cuts as US job growth slows
    Hong Kong stocks led a surge in Asian markets as China’s stepped-up efforts to boost the economy. The Hang Seng Index climbed as much as 2.2pc to put it on track for a ninth consecutive day of gains, ...
    05/2/2024 - 7:38 pm | View Link
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    05/2/2024 - 2:48 pm | View Link
  • Hong Kong Stocks March Into Bull Market as Global Money Returns
    One of the chief buying forces behind Hong Kong’s world-beating rally is out of action for the next few days, likely leaving the market without a crucial pillar of support.
    05/1/2024 - 4:34 pm | View Link
  • Hong Kong stocks are back from the dead. Here’s why
    Hong Kong’s benchmark Hang Seng Index has surged more than 7% in April as the best-performing major index in the world. It’s now heading into a bull market, rebounding nearly 20% from its January low.
    04/29/2024 - 9:53 pm | View Link
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