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- Alibaba plans bumper $20 billion ln Hong Kong listing to boost investment war chest: sources
- Alibaba eyes $20 bn second listing in HK: report
- Syria, Israel exchange fire amid regional tension, 1 killed
Alibaba plans bumper $20 billion ln Hong Kong listing to boost investment war chest: sources Posted: 28 May 2019 04:21 AM PDT Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New York. The deal, the biggest follow-on share sale in seven years globally, would give Alibaba a war chest to keep investing in technology - a priority for China as growth flags and as the world's second-largest economy is locked in a mounting trade spat with the United States. The e-commerce giant is working with financial advisers on the offering and is aiming to file an application confidentially in Hong Kong as early as the second half of 2019, three people said on condition of anonymity as the plans are not public yet. This posting includes an audio/video/photo media file: Download Now |
Alibaba eyes $20 bn second listing in HK: report Posted: 27 May 2019 10:08 PM PDT Chinese e-commerce leader Alibaba Group is exploring a potential second listing in Hong Kong that could raise $20 billion as Beijing seeks to encourage its tech titans to list closer to home, a report on Tuesday said. US-listed Alibaba is aiming to file an application in Hong Kong as early as the second half of 2019, Bloomberg News reported, quoting unidentified people with knowledge of the plans. The listing would be intended to open up new funding channels for Alibaba, whose 2014 listing in New York raised $25 billion in the world's largest initial public offering. This posting includes an audio/video/photo media file: Download Now |
Syria, Israel exchange fire amid regional tension, 1 killed Posted: 27 May 2019 04:07 PM PDT DAMASCUS, Syria (AP) — Syria said an Israeli attack against a military post in the country's south on Monday killed a soldier and injured another. Israel, in a rare statement acknowledging firing into Syria, said it was responding to an anti-aircraft fire from Syria against one of its combat planes. This posting includes an audio/video/photo media file: Download Now |
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