Alibaba plans bumper $20 billion HK listing to boost investment war chest: sources

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 the world’s second-largest economy is locked in a mounting trade spat with the United States. The e-commerce giant is working
— Read on ca.finance.yahoo.com/news/alibaba-plans-20-billion-hong-kong-listing-sources-020443203–sector.html