Alibaba raises $11b in biggest Hong Kong listing since 2010

Alibaba raises $11b in biggest Hong Kong listing since 2010

REUTERS/Aly Song

Alibaba Group Holding Ltd. has raised about HK$88 billion ($11.2 billion) in its Hong Kong share sale, marking the biggest equity offering in the financial hub since 2010.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter