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Tag: Hong Kong Stock Exchange

Alibaba Group: Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale

HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions. While Alibaba executives are preparing for a Thursday launch, sources said the timing could slip depending on …

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