Alibaba launches $13.4 billion Hong Kong listing to fund expansion

Alibaba launches $13.4 billion Hong Kong listing to fund expansion

4 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-alibaba-listing-hongkong/alibaba-launches-13-4-billion-hong-kong-listing-to-fund-expansion-idUSKBN1XN10H

Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to raise up to $13.4 billion to fund its expansion plans.