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...html?.tsrc=rss
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