NewsFeeder
11-16-2019, 06:52 AM
What Does Alibaba’s Hong Kong Listing Mean for U.S. Shareholders? 6 Things to Know
The Chinese e-commerce giant (BABA) (ticker: BABA) has been trading on the New York Stock Exchange since it raised $25 billion in a 2014 initial public offering. The price of the American depositary shares has soared 173% from $68 at the IPO to $185.49 as of Friday’s close. Now, the company wants to offer another 500 million new ordinary shares in a listing through the Stock Exchange of Hong Kong.
https://finance.yahoo.com/m/f46764b9-1841-39c6-a8d4-acb3d3fab722/what-does-alibaba%E2%80%99s-hong-kong.html?.tsrc=rss
The Chinese e-commerce giant (BABA) (ticker: BABA) has been trading on the New York Stock Exchange since it raised $25 billion in a 2014 initial public offering. The price of the American depositary shares has soared 173% from $68 at the IPO to $185.49 as of Friday’s close. Now, the company wants to offer another 500 million new ordinary shares in a listing through the Stock Exchange of Hong Kong.
https://finance.yahoo.com/m/f46764b9-1841-39c6-a8d4-acb3d3fab722/what-does-alibaba%E2%80%99s-hong-kong.html?.tsrc=rss