Alibaba’s secondary listing comes after months of protests and civil unrest that have weighed on Hong Kong’s economy and caused some companies to delay their listings this year. Photo: EPA-EFEAlibaba’s secondary listing comes after months of protests and civil unrest that have weighed on Hong Kong’s economy and caused some companies to delay their listings this year. Photo: EPA-EFE
Alibaba’s secondary listing comes after months of protests and civil unrest that have weighed on Hong Kong’s economy and caused some companies to delay their listings this year. Photo: EPA-EFE
Business /  Companies

Banks, investors hoard cash in anticipation of Alibaba’s ‘giant’ listing, push up interbank lending rate

  • One-week Hibor rose 63 basis points on Monday to 1.92 per cent, topped 2.57 per cent on Wednesday
  • The measurement of bank funding costs has not topped 2 per cent since Budweiser Brewing’s IPO in September
Topic |   Alibaba
Chad Bray
Chad Bray

Updated: 12:11am, 14 Nov, 2019

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Alibaba’s secondary listing comes after months of protests and civil unrest that have weighed on Hong Kong’s economy and caused some companies to delay their listings this year. Photo: EPA-EFEAlibaba’s secondary listing comes after months of protests and civil unrest that have weighed on Hong Kong’s economy and caused some companies to delay their listings this year. Photo: EPA-EFE
Alibaba’s secondary listing comes after months of protests and civil unrest that have weighed on Hong Kong’s economy and caused some companies to delay their listings this year. Photo: EPA-EFE
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