Edition:
United Kingdom

Scott Murdoch

Alibaba to close books early in $13.4 billion Hong Kong listing after strong demand - sources

18 Nov 2019

HONG KONG Alibaba will stop taking orders from prospective institutional investors for its $13.4 billion (£10.35 billion) secondary listing in Hong Kong earlier than expected after attracting strong demand, two people with direct knowledge of the matter said.

Alibaba's books close early in $13.4 billion Hong Kong listing: sources

18 Nov 2019

HONG KONG Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two people with direct knowledge of the matter.

CORRECTED-Alibaba's books close early in $13.4 bln Hong Kong listing -sources

18 Nov 2019

HONG KONG, Nov 18 Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two people with direct knowledge of the matter.

Hong Kong campus protesters fire arrows as anti-government unrest spreads

18 Nov 2019

HONG KONG Hong Kong protesters shot arrows and hurled petrol bombs from a barricaded university on Sunday at police who fired tear gas and water cannon in some of the worst violence in the Chinese-ruled city since anti-government unrest erupted five months ago. | Video

Alibaba gets strong demand for $13.4 billion Hong Kong listing - sources

15 Nov 2019

HONG KONG Alibaba's order books for its $13.4 billion (£10.5 billion) Hong Kong share sale have already been covered "multiple times," sources with direct knowledge of the matter said on Friday, as the ecommerce group kicked off its campaign for the secondary listing in the city gripped by protests. | Video

Alibaba's $13.4 billion bookbuild covered multiple times: sources

15 Nov 2019

HONG KONG Alibaba's $13.4 billion institutional bookbuild for its Hong Kong listing is already covered "multiple times," according to a message sent to investors and verified by sources with direct knowledge of the matter.

MOVES-Citigroup names Chow and Furtado as co-heads of Asia equity capital markets

15 Nov 2019

HONG KONG, Nov 15 Citigroup said it has appointed Ken Chow and Udhay Furtado to head the bank's Asian equity capital markets in a move which will bring the investment bank's local structure in line with its global operations.

Hong Kong's cash pool tightens as Alibaba primes for $13 billion listing

15 Nov 2019

HONG KONG Alibaba Group's $13.4 billion (£10.5 billion) Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.

Alibaba to pioneer paperless listing in break with Hong Kong norm

14 Nov 2019

HONG KONG Alibaba's planned $13.4 billion (£10.47 billion) share sale will be Hong Kong's first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.

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