Tag: alibaba group
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Amid Protests, Hong Kong’s Stock Exchange May Lose Chance at Alibaba Listing—Again
Protests in Hong Kong may cost the city’s stock exchange its biggest catch in years. Alibaba Group, China’s largest e-commerce group by market cap, has reportedly decided to postpone its $15 billion Hong Kong listing later this month, citing the current political and financial instability of the Special Administrative Region. According to Reuters, the decision…