As Chinese e-commerce giant Alibaba plans the world's largest initial public offering since Facebook's debut on Nasdaq last year, some wonder whether the company will list in Hong Kong or head to New York instead.
September 16, 2013 at 07:59 PM
1 minute read
The original version of this story was published on Law.Com
In Hong Kong capital markets circles, one question has trumped all others over the past month: What will Alibaba do?
The Chinese e-commerce giant is planning what is expected to be the world’s largest initial public offering since the $16 billion Nasdaq debut of Facebook Inc. last year. If Alibaba Group Holding Ltd. goes ahead with a listing in Hong Kong, it could be a huge shot in the arm to a market that has seen a major slowdown in IPOs over the last two years.
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