For Investors and a Buffer, Alibaba Seeks a Hong Kong Primary Listing


Source: leafypage.com leafypage.com

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Alibaba, the Chinese online shopping giant, said on Tuesday that it would seek a primary listing in Hong Kong, a move that would eventually allow more people in mainland China to invest in it, and give it a buffer in case it is forced to delist in the United States over regulatory concerns. The listing is the latest signal that Chinese companies are looking for ways to mitigate risk as they find themselves under pressure from regulators on both sides of the Pacific. It also shows how the one-time love affair between Chinese tech firms and Wall Street is drawing...