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Tag: greenshoe

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET Retail

By Scott Murdoch HONG KONG, – Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8% discount to their last closing price in New York, two sources with direct knowledge of the matter said. The company has given guidance to prospective institutional investors …

Alibaba will raise up to $12.9 bln in Hong Kong listing -sources, Retail News, ET RetailRead More