Hong Kong's cash pool tightens as Alibaba primes for $13 billion listing

Hong Kong's cash pool tightens as Alibaba primes for $13 billion listing

5 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-alibaba-listing-hongkong-cash/hong-kongs-cash-pool-tightens-as-alibaba-primes-for-13-billion-listing-idUSKBN1XP0HK

Alibaba Group's $13.4 billion Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.