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Wednesday, May 29, 2019

Alibaba to raise $20 bn through a second listing

Alibaba Group Holding Ltd. is considering raising $20 billion via a second listing in Hong Kong after a record-breaking 2014 New York debut, people with knowledge of the matter said, a mega-deal that will bring China's largest company closer to friendlier investors at home as US tensions escalate.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/30TgLBQ

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