Alibaba mulls second listing in HK to diversify funding as trade war escalates

BY SILVI WRITER and CHINA DAILY China’s e-commerce giant Alibaba Group Holding Ltd is considering raising $20 billion via a second listing in Hong Kong to diversify its funding channels and boost liquidity, according to a Bloomberg report citing sources. The company is working with financial advisers on the planned offering, and is aiming to file a listing application in Hong Kong confidentially as early … Continue reading Alibaba mulls second listing in HK to diversify funding as trade war escalates