Source:
https://scmp.com/business/companies/article/1297075/alibabas-plans-us15b-listing-hong-kong-doubtCompanies
Alibaba's plans for US$15b listing in Hong Kong in doubt
Alibaba chairman Jack Ma’s manoeuvring to keep management control of the company he founded has derailed plans for a possible US$15 billion listing of the firm’s shares in Hong Kong this year.
It could even see the company opt for a New York listing instead, investment bankers have told the South China Morning Post.