Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Alibaba to Raise $12.9 Billion in Secondary Hong Kong IPO

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!