(Reuters Breakingviews) - It could be a tough road back to Hong Kong for Alibaba...
FILE PHOTO: The logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song/File Photo GLOBAL BUSINESS WEEK AHEAD
Founder Jack Ma has long eyed having Alibaba’s equity traded in the Fragrant Harbour. In 2014, the financial hub’s regulators balked at his corporate governance, which gives a group of self-selecting executives the power to nominate most of the board. Ma ultimately raised a record $25 billion on the Big Board. Since then, however, Hong Kong’s bourse operator has eased its listing requirements. Alibaba could file to sell stock there in a matter of months, Reuters reported.
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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...
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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.
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