Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing: sources

Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing: sources

4 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-alibaba-hongkong-pricing/alibaba-to-price-shares-at-hk176-in-12-9-billion-hong-kong-listing-sources-idUSKBN1XT2W0

Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said.