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Exclusive: Boon for Hong Kong as Alibaba's eyes $15 billion late November listing - sources

Reuters India Friday, 8 November 2019 ()
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion (£11.7 billion) in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests.
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News video: Why Alibaba Is Moving Ahead With $15B Hong Kong Listing Despite Unrest

Why Alibaba Is Moving Ahead With $15B Hong Kong Listing Despite Unrest 01:26

Chinese e-commerce giant Alibaba Group is looking to kick off a Hong Kong share offering to raise as much as $15 billion later this month, despite ongoing protests in the China-controlled city-state that have been marked by months of protests. The U.S.-listed online marketplace known as the "Amazon...

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