Alibaba is aiming to raise $10 billion to $15 billion in a second listing in Hong Kong as soon as this month
Alibaba Group Holding Ltd. is aiming to raise $10 billion to $15 billion in a second listing in Hong Kong this month, according to people familiar with the matter, reviving the planned offering even as the city’s political climate remains unstable.
The online-retailing giant, which is China’s most valuable company by market capitalization, is planning to launch the share sale after its Nov. 11 “Singles Day” shopping festival, the Chinese equivalent of Black Friday. Alibaba expects to seek approval from Hong Kong’s stock exchange...
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