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Alibaba Has Reportedly Filed Confidentially For A Hong Kong Listing

Credit: Wochit
Published on June 13, 2019 - Duration: 00:39s

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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