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May 28, 2019 12:06 am GMT

Alibaba reportedly mulling to raise $20B through a second listing in Hong Kong

Massive news just dropped for Hong Kong’s capital markets. Alibaba, one of the world’s largest tech companies, is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday citing sources. Unnamed people told Bloomberg that the money raised in Hong Kong is intended to help Alibaba “diversify funding channels and […]

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