Alibaba working towards $15 billion listing in HongKong
Image Credit: Shortpedia
Alibaba is working towards $10 billion to $15 billion listing in HongKong at the end of the month. The online Chinese retail giant has hired Citigroup, JP Morgan and Morgan Stanley to work on the deal. The deal is being led by China International Capital Corporation (CICC) and Credit Suisse, with the company due to face a Hong Kong Stock Exchange listing committee hearing this coming Thursday.