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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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