The Chinese e-commerce company, founded by billionaire entrepreneur Jack Ma, said Friday it would begin selling shares to retail investors for up to $188 each. It began selling to institutional investors earlier this week, and it expects to price more shares next week. Alibaba first announced plans for its secondary listing in Hong Kong earlier this week, and hopes to raise up to $13 billion through the sale. That would make it the year's biggest listing so far.
"When Alibaba Group went public in 2014, we missed out on Hong Kong with regret," Daniel Zhang, chairman and chief executive officer for Alibaba Group, said in a letter to investors Friday."During this time of ongoing change, we continue to believe that the future of Hong Kong remains bright. We hope we can contribute, in our small way, and participate in the future of Hong Kong."Read MoreAlibaba is scheduled to list shares November 26, according to a term sheet.
There will be a future after HK government arrest all those terrorists and bring justice to the dead. Otherwise it’s just Gotham.
You are fake news
Very nice to know that the financial markets in Hong Kong are also holding their boost and can start to grow further! ahsbem2at growing boost HongKong
If you want to know the truth of Hong Kong, you can go to Hong Kong, China. If you meet a female terrorist who wants to immigrate, she will provide you with free sexual services in exchange for you to provide him with immigration.
Back in the day before 1999, people worked ten hours or maybe even more, to bring the food table for families and enjoy the life to fullest. These days, the people have more options for their professions. Protest and activism are probably highest paid amongst the other.
cup of water can not terminate forest fire.
Yikes
I’d love to see the freedom movement in Hong Kong prevail. The human spirit just cannot live with any kind of oppression! My heart goes out to those brave people!
Awesome