https://wccftech.com/trumps-hardball-approach-to-the-trade-war-drives-alibaba-towards-securing-a-safe-haven-listing-in-hong-kong/

According to the South China Morning Post, the Hong Kong stock exchange has officially approved Alibaba’s secondary listing request in what may well turn out to be the year’s largest fundraising exercise.

The permit clears the path for the Chinese e-commerce giant to initiate its much-anticipated roadshow in order to rouse institutional and retail interest in the offering. According to internal sources, the company’s flotation share price will be determined next Wednesday while the actual debut is currently slated for 25th of November. The offering has, apparently, generated substantial demand as indicated by the absence of cornerstone investors – a unique feature of Hong Kong’s financial market where large investors are invited to anchor important public offerings.