E-commerce giant Alibaba considers raising $20 billion via a second listing in Hong Kong to diversify its funding channels and boost liquidity – sources
File Photo: A logo of Alibaba Group is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019.
The e-commerce giant is working with financial advisers on the offering and is aiming to file an application in Hong Kong as early as the second half of 2019, said the sources, who are familiar with the matter but did not want to be named as the plans are not public yet. Hong Kong, Alibaba’s initial preference for its IPO, had refused to accept its governance structure, where a self-selecting group of senior managers control the majority of board appointments.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Hong Kong protestors demand China be held to account for 1989 Tiananmen crackdownThousands of protesters marched through central Hong Kong on Sunday as part of a...
और पढो »
Thousands in Hong Kong commemorate 1989 Tiananmen protestsHONG KONG (AP) — More than 2,000 people marched in Hong Kong on Sunday to mark 30 years since a pro-democracy protest in Beijing's Tiananmen Square ended in bloodshed. Demonstrators took to...
और पढो »
Hong Kong protestors demand China be held to account for 1989 Tiananmen crackdownThousands of protesters marched through central Hong Kong on Sunday as part of a...
और पढो »
Thousands in Hong Kong commemorate 1989 Tiananmen protestsMore than 2,000 people marched in Hong Kong on Sunday to mark 30 years since a pro-democracy protest in Beijing's Tiananmen Square ended in bloodshed.
और पढो »
A growing number of Chinese consumers are switching from Apple's iPhone, paper saysHuawei is winning over more and more Apple fans in China as the escalated trade tensions stoked 'nationalist sentiment,' according to South China Morning Post.
और पढो »
Corporate clout on the line in Hong Kong fightFrom Washington to Wan Chai, executives are loudly protesting the city’s plan to allow extradition to mainland China. The business community often gets its way in the financial hub. Losing in this standoff would signify a turning point in Hong Kong for more reasons than one.
और पढो »
Hong Kong Activist Granted Asylum by Germany: ‘I Had No Choice’Germany has granted asylum to two Hong Kong pro-democracy protesters, a sign of waning international confidence in the city’s political freedoms and justice system.
और पढो »
Hong Kongers wanted for rioting granted refugee status in GermanyTwo Hong Kong residents wanted for rioting have been granted refugee status in Germany, in a major blow to the city's international reputation as fears grow of shrinking political freedoms in the semi-autonomous Chinese zone.
और पढो »
China makes its case for Hong Kong's divisive extradition billsA Chinese official in Hong Kong is urging the quick passage of legal measures to allow fugitives to be transferred to the mainland.
और पढो »
A student in Boston wrote ‘I am from Hong Kong.’ An onslaught of Chinese anger followed.As China tightens its hold on Hong Kong, battles flare over identity and the special status of the former British colony.
और पढो »