Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source

Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source

4 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-alibaba-listing-hongkong/alibaba-goes-paperless-for-13-4-billion-listing-in-a-first-for-hong-kong-source-idUSKBN1XO14W

Alibaba Group will carry out Hong Kong’s first paper-less stock market listing with its $13.4 billion share sale, according to a source with knowledge of the matter, ending the long-held tradition of Hong Kong investors queuing in bank branches to place stock orders.

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