China's Alibaba has a $43b cash dilemma after Hong Kong share sale

China's Alibaba has a $43b cash dilemma after Hong Kong share sale

People walk by the Alibaba Group logo. Photo: Bloomberg

After its $11.2 billion Hong Kong share sale, Alibaba Group Holding Ltd. will be sitting on $43 billion in cash. That sounds like a great problem to have. Only one publicly listed, non-financial company has more: Apple Inc., at $49 billion.

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