Alibaba May Pursue $20B Hong Kong Listing amid Trade Tension: Report

2019-5-28 03:30

By CCN: As U. S. -China trade war tensions escalate, Alibaba Group is toying around with the idea of raising $20 billion via a Hong Kong listing, Bloomberg reports citing unnamed sources due to the privacy of the matter.

Chinese tech leader Alibaba, of which Jack Ma is the founder and chairman, debuted on the New York Stock Exchange in September 2014 and raised $25 billion – the largest IPO in history. The deal was bigger than the IPOs of internet giants Facebook, Google, and Twitter combined. The sources cited by Bloomberg claim that Alibaba, an e-commerce behemoth, is opting to take this

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Hyperledger Project Grows as Alibaba Cloud, Citi, Deutsche Telekom, and New Members Join the Global Forum  

Hyperledger, the leading open source blockchain project recently announced that Alibaba Cloud, Citi, Deutsche Telekom, we. trade, and 12 other organizations have joined the Hyperledger Global Forum. According to the press release published on December 12, 2018, the growing Hyperledger Community highlights the importance of open source technology and increasing interest in enterprise distributed ledger technologies.

2018-12-19 14:00