Alibaba's Hong Kong listing offers valuable Beijing goodwill - Reuters

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Hong Kong listing of Alibab will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war. 

The share sale is set to be Hong Kong’s largest in more than nine years, comes as Beijing seeks support from businesses and entrepreneurs in the face of anti-government protests there. 


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     5 years ago 

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