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Alibaba Launches Share Sale for Hong Kong Listing

By Chris Noble
· · Source: Bloomberg

China’s Alibaba capped the price of the retail segment of its secondary share listing in Hong Kong at HK$188 per share, setting up what could be one of the largest public stock offerings in the world this year. The e-commerce giant is making 12.5 million shares available to individual investors, according to Bloomberg, which said the pricing would make the offering the most expensive share sale...

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The Briefing
What TikTok Ban Means for Google, Facebook, Apple: The Information’s Tech Briefing
By The Information Staff · Sept. 18, 2020 6:02 PM PDT

The Trump administration’s order to ban new downloads of TikTok and WeChat has raised an important question for the likes of Apple, Google, Facebook, Amazon and Netflix: Should they file a legal challenge to the order?

Banning foreign-owned apps has near-term implications for Apple, which faces the prospect that iPhone owners who rely on WeChat to communicate with friends or family in ...

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