Alibaba is considering listing in Hong Kong, years after it snubbed the city in favor of a New York IPO that remains the world's largest
Chinese e-commerce titan Alibaba Group Holding Ltd. is weighing a plan to list in Hong Kong, according to people familiar with the matter, a move that would create a round-the-clock market for its shares and bring in more investors from the region.
Alibaba’s deliberations come more than four years after the online-retailing giant went public in New York following a record-setting $25 billion stock sale. The company’s market value topped half a trillion dollars last summer before slipping to around $402 billion currently.
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