Why Alibaba Wants a Mega $20 Billion Listing

Alibaba has filed confidentially for a $20 billion listing in Hong Kong, aiming to diversify funding and boost liquidity. The company has expanded beyond e-commerce, impacting margins and facing competition from Tencent and Meituan. The listing serves as a contingency amid US-China trade tensions and could offer better valuation in Hong Kong. The Hong Kong Exchange, having revised its rules, sees this as a chance to attract more tech companies.

In what ways could the US-China trade war impact Alibaba's operations?

What changes have been made to the Hong Kong exchange regulations regarding dual class share companies?