https://wccftech.com/alibaba-to-list-in-hong-kong-before-the-end-of-november-is-the-chinese-titan-seeking-a-hedge-against-trumps-salvos/

Alibaba (NYSE:BABA), the Chinese e-commerce giant, is reportedly gunning for a secondary listing in Hong Kong by the final week of November. The tech titan hopes to raise $15 billion through an offering that will likely count as one of the largest equity market floats of the year.

According to inside sources quoted by Reuters, the company’s book building – the process by which underwriters attempt to determine the offering price of a float – and the concurrent listing is due to take place in the week that begins on 25th of November. Consequently, the tech titan is expected to submit a formal petition for a listing to the Hong Kong Exchanges and Clearing Ltd. (HKG:0388) next week.