Here's why Alibaba listing in Hong Kong such a big deal for the city

Topics Alibaba | Hong Kong | Alibaba Group


Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest deal in the city since 2010 and the world's biggest ever cross-border secondary listing. WHY IS ALIBABA LISTING IN HONG KONG? Analysts say establishing a base outside the United States gives the U.S.

-listed company options, especially in the light of the U.S.-China trade dispute. It is an "escape valve listing", said Travis Lundy, an analyst at Quiddity Advisors.

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