Alibaba-Backed Huitongda Weighs $1 Billion Hong Kong IPO


Source: bloombergquint.com bloombergquint.com

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May 18 2021, 3:31 PM May 18 2021, 3:46 PM May 18 2021, 3:31 PM May 18 2021, 3:46 PM (Bloomberg) -- Huitongda Network Co., a Chinese e-commerce platform serving the country’s rural areas, is weighing a Hong Kong initial public offering that could raise as much as $1 billion, according to people familiar with the matter. (Bloomberg) -- Huitongda Network Co., a Chinese e-commerce platform serving the country’s rural areas, is weighing a Hong Kong initial public offering that could raise as much as $1 billion, according to people familiar with the matter. The company, which counts Alibaba Group...