Alibaba to raise USD 20 bln in Hong Kong listing in H2 - report

Tuesday 28 May 2019 | 09:11 CET | News
Alibaba plans to raise USD 20 billion via a second listing in Hong Kong. Alibaba previously raised USD 25 billion in its first listing in New York in 2014, in the world's largest initial public offering. Alibaba is working with financial advisers on the planned offering, Bloomberg reports, citing unnamed people with knowledge of the matter. According to the same sources, Alibaba would file a listing application in Hong Kong confidentially in the second half of this year.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Internet
Companies: Alibaba
Countries: Hong Kong / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Alibaba to sell 500 mln new shares in Hong Kong listing

Published 15 Nov 2019 09:29 CET | China
Alibaba Group is going ahead with plans for a secondary public offering and listing on the Hong Kong Stock Exchange. The company ...

Alibaba files paperwork for Hong Kong listing - report

Published 14 Jun 2019 10:37 CET | Hong Kong
Alibaba has filed confidential paperwork for its Hong Kong listing, Bloomberg reported, citing sources familiar with the matter. ...

Softbank Group to start share buyback as profits grow on investment gains

Published 06 Feb 2019 11:26 CET | World
Softbank Group reported net profit up 52 percent in the first nine months of its fiscal year, to JPY 1.538 trillion, driven by ...

Softbank to raise USD 30 bln in IPO of Japan mobile business - report

Published 07 Aug 2018 09:00 CET | Japan
Softbank may target a valuation of USD 90 billion for its Japanese mobile business when it lists the company on the stock market, ...

China Tower looking to raise up to USD 8.7 bln from IPO

Published 23 Jul 2018 13:30 CET | China
China Tower aims to raise as much as USD 8.7 billion in its Hong Kong initial public offering. The world's largest telecom tower ...

Xiaomi files for IPO in Hong Kong

Published 03 May 2018 08:47 CET | World
Xioami has filed for an initial public offering of shares in Hong Kong. The move comes as the Chinese smartphone maker has ...

SoftBank borrows USD 8 bln in margin loan backed by stake in Alibaba - report

Published 09 Apr 2018 09:26 CET | World
SoftBank has borrowed USD 8 billion from a consortium of banks, using its stake in Alibaba as collateral, Bloomberg reported, ...

Baidu's VoD service iQiyi files for USD 1.5 bln IPO in US

Published 28 Feb 2018 15:37 CET | China
iQiyi, the Chinese VoD service owned by Baidu, has filed for an initial public offering of shares in the US. The company claims ...

Alibaba's Ant Financial prepares for IPO - report

Published 18 Apr 2016 09:29 CET | China
Alibaba's Ant Financial is planning an initial public offering on Shanghai's main board in what could be China's highest IPO ...

Yahoo to spin off Alibaba stake in separate company

Published 28 Jan 2015 08:40 CET | World
Yahoo announced plans to spin off its stake in Alibaba to shareholders. It will create a separately listed public company for its ...

Alibaba begins trading on Mexico's stock market

Published 30 Dec 2014 18:26 CET | China
Chinese e-commerce giant Alibaba's shares will begin trading on Mexico's stock exchange on 30 December, El Financiero ...

Alipay to pursue IPO in China

Published 11 Nov 2014 20:59 CET | China
Alipay, the payment unit of Chinese e-commerce firm Alibaba Group, plans to launch an IPO in the future, according to Joe Tsai, ...

Alibaba IPO priced at top of range, raises over USD 21 bln

Published 19 Sep 2014 09:28 CET | World
Alibaba Group has priced its initial public offering at USD 68 per share, at the top end of the USD 66-68 range it gave. The ...

Alibaba raises IPO price range

Published 16 Sep 2014 07:55 CET | China
Alibaba Group has raised the subscription price for its initial public offering of shares. Due to strong demand, the Chinese ...

Alibaba set to begin IPO roadshow - report

Published 01 Sep 2014 08:54 CET | China
Alibaba is expected to begin the roadshow for its initial public offering early in the week of 08 September, and its shares could ...

Alibaba files for IPO

Published 07 May 2014 07:56 CET | China
Chinese e-commerce group Alibaba has filed for an initial public offering of shares in the US. The IPO would raise an initial USD ...