How Alibaba's potential $20b HK listing is a brilliant derisking move

Photographer: Gilles Sabrie/Bloomberg

Alibaba Group Holding Ltd.’s potential plan to raise $20 billion in Hong Kong is huge.

That’s not just because $20 billion is a lot of money. After going public in New York, the Chinese e-commerce giant is considering a secondary listing in Hong Kong, Bloomberg News reported on Monday – a coup for the city that’s still sore from missing out on the biggest IPO in history.

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