Peak demand for $5b bond offering shows global investors still have faith in Alibaba

Peak demand for $5b bond offering shows global investors still have faith in Alibaba

Photo: Bloomberg

Alibaba Group Holding Ltd.’s $5 billion US-dollar bond offering received demand for eight times the debt offered, underscoring global investors’ faith in founder Jack Ma’s e-commerce behemoth despite a regulatory crackdown on his empire.

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