A logo of Alibaba Group is seen during Alibaba Group's 11.11 Singles' Day global shopping festival at the company's headquarters in Hangzhou, Zhejiang province, China, November 11, 2019. Photo-REUTERS

Alibaba’s Hong Kong secondary listing gives Asia’s Taobao users a chance to own stakes in China’s biggest technology champion

  • Some analysts believe Alibaba’s stock remains undervalued despite nearly tripling since its 2014 IPO
  • Hong Kong hopes to attract more tech companies like Alibaba with listing rule changes
Topic |   IPO

TOP PICKS

A logo of Alibaba Group is seen during Alibaba Group's 11.11 Singles' Day global shopping festival at the company's headquarters in Hangzhou, Zhejiang province, China, November 11, 2019. Photo-REUTERS
READ FULL ARTICLE
The campus at the Alibaba Group Holding Ltd. headquarters during the annual November 11 Singles' Day online shopping event in Hangzhou, China, on November 11, 2019. Photo: Bloomberg

Alibaba unveils Hong Kong secondary listing plan, in vote of confidence that pushes city back to top of global IPO ranking

  • Alibaba aims to sell 500 million new shares, with 2.5 per cent set aside for Hong Kong public, according plan in SEC filing
  • Asia’s most-valuable company to start a weeklong roadshow this week, with trading debut expected on November 26
Topic |   IPO

TOP PICKS

The campus at the Alibaba Group Holding Ltd. headquarters during the annual November 11 Singles' Day online shopping event in Hangzhou, China, on November 11, 2019. Photo: Bloomberg
READ FULL ARTICLE