On the wires: While trade wars rumble on Alibaba lines up a blockbuster IPO in Hong Kong…

“Alibaba [BABA] is considering raising as much as $20bn through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New York. The deal, the biggest follow-on share sale in seven years globally, would give Alibaba a war chest to keep investing in technology – a priority for China as growth flags and as …

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Source: The Loadstar

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