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Alibaba to Raise $12.9 Billion in Secondary Hong Kong IPO

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

International investors definitely want a slice of Alibaba Group Holding Ltd., helping the upcoming secondary listing rank as one of the biggest initial public offerings in 2019. The Chinese retail and tech conglomerate on Wednesday priced its shares at 176 Hong Kong dollars ($180). The plan is to sell 500 million shares, raising at least…

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