Alibaba to Pursue Primary Listing in Hong Kong

HONG KONG—Alibaba Group Holding Ltd. will pursue a primary listing of its stock in Hong Kong, hedging its bets as regulatory pressure on Chinese companies grows on both sides of the Pacific.

The move comes as Beijing and Washington remain at loggerheads over the audits of U.S.-listed Chinese companies.

Source link

Leave a Reply

Your email address will not be published.

%d bloggers like this: