Alibaba to raise $20 bn through a second listing http://bit.ly/2ECCyUQ - Walletnews For Me

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Tuesday, May 28, 2019

Alibaba to raise $20 bn through a second listing http://bit.ly/2ECCyUQ

Alibaba Group Holding Ltd. is considering raising $20 billion via a second listing in Hong Kong after a record-breaking 2014 New York debut, people with knowledge of the matter said, a mega-deal that will bring China's largest company closer to friendlier investors at home as US tensions escalate.
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