Alibaba mulls appealing against HK SFC ruling that healthcare deal broke takeover code

People walk at the headquarters of Alibaba in Hangzhou, Zhejiang province, April 23, 2014. REUTERS/CHANCE CHAN/FILES

Chinese e-commerce giant Alibaba Group Holding Ltd said it’s considering whether to launch an appeal against a Hong Kong regulator’s finding that it breached takeover rules by buying an effective majority stake in a healthcare firm in 2014 without extending the offer to all of its shareholders.

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