Hong Kong's political unrest is posing a dilemma for Alibaba Group Holding ...
HONG KONG - Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned $15 billion listing in the city, with sources saying China’s biggest e-commerce company is now considering several timetables.
In preparation for the giant offer, bankers advising other large listings in Hong Kong have been careful to avoid planning their launches around that period, fearing that a clash of timing would crowd out their offerings. The listing was always expected to be a complex affair because of China’s tight control of cross-border share trading, but Hong Kong’s unrest has taken the complexity several notches higher.
“How do you think Beijing feels about giving Hong Kong a $15 billion gift like this, right now?” asked one capital markets professional not involved in the Alibaba deal.A listing by Alibaba is a big deal for Hong Kong, which loosened its rules last year specifically to lure overseas-listed Chinese tech giants to list closer to home.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
What to watch today: Bonds flash recession signal and China blames US for Hong Kong protestsU.S. stock futures are sharply lower this morning as the 2-year Treasury yield inverted and moved higher than the 10-year yield.
Leer más »
Chinese state media urge action, voice support for Hong Kong police after clashesChinese state media called on Beijing on Wednesday to deal with protests in Hong...
Leer más »
Satellite photos appear to show Chinese APCs near Hong Kong'Hong Kong near the brink after a day of violence that shut one of the world's busiest airports for a second day in a row.' ABC News' IanPannell has the latest on the growing unrest as protesters clash with police.
Leer más »
Flights resume at Hong Kong airport after protests lead to chaosProtesters returned to Hong Kong's international airport and obstructed passengers from boarding flights, causing suspension of check-ins for the second day in a row.
Leer más »
Cathay Pacific says has fired two pilots over Hong Kong protestsCathay Pacific Airways has terminated the employment of two pilots, th...
Leer más »