The Chinese e-commerce giant raised $11.2 billion, the territory’s biggest tally since 2010, showing investor enthusiasm despite worsening demonstrations.
Tag: Alibaba Group Holding Ltd
Alibaba Raises Billions of Dollars in Hong Kong, Despite Protests
The $11.2 billion raised is the territory’s largest fund-raising since 2010, showing investor enthusiasm despite worsening demonstrations.
Alibaba Postpones Hong Kong Listing as Protests Roil Markets
The Chinese e-commerce giant delayed plans to sell potentially billions of dollars worth of shares in the market, which has fallen as tensions have worsened.
Your Thursday Briefing
Rising tensions between the U.S. and Iran.
Tech We’re Using: To Cover China, There’s No Substitute for WeChat
Li Yuan conducts much of her work on the WeChat mobile app, including spotting trends — and prodding sources to get back to her.
Jack Ma, China’s Richest Man, Belongs to the Communist Party. Of Course.
Many business figures join the organization out of expedience. Likewise, the party sees benefits in associating itself with capitalist success stories.
Alibaba Had Another Big Singles Day. The Party May Not Last.
China’s slowing economic growth and weakening consumer sentiment pose a challenge to an e-commerce giant with world-swallowing ambitions.