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Alibaba Has Reportedly Filed Confidentially For A Hong Kong Listing

Video credit: Wochit Business
Published on June 13, 2019 - Duration: 00:38s

Alibaba Has Reportedly Filed Confidentially For A Hong Kong Listing

Alibaba, Amazon's largest competitor in China, has reportedly filed confidentially to list on the Hong Kong stock exchange.

The listing could reportedly raise as much as $20 billion, but the official amount hasn't been determined yet.

Alibaba's listing on the New York Stock Exchange in September 2014 raised a staggering $21.7 billion and still holds the lofty designation of the largest offering in US history.

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Alibaba Has Reportedly Filed Confidentially For A Hong Kong Listing

CHINA OUT, MARCH 17, 2014 FILE PHOTO SEPT.

19, 2014, FILE PHOTO CHINA OUT, AUG.

27, 2014 FILE PHOTO

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Related news from verified sources

Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing, according to one source familiar with the matter.
on June 13, 2019 • Reuters

Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that will take place as soon as the third quarter of this...
on June 13, 2019 • Reuters

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