Alibaba said to have picked CICC, Credit Suisse to lead its Hong Kong share sale

A man walks past a reception desk at the Alibaba Group Holding Ltd. headquarters in Hangzhou, China, on Tuesday, Oct. 13, 2015. Photographer: Qilai Shen/Bloomberg

Chinese internet giant Alibaba Group Holding Ltd. has picked China International Capital Corp. and Credit Suisse Group AG to lead a planned Hong Kong share sale, people familiar with the matter said.

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