Alibaba Delays Hong Kong Share Listing!!!!!

[TerrexLee]

Against a background of political tension in Hong Kong, Chinese tech and entertainment giant Alibaba is reported to have delayed its planned share listing in the Asian financial capital.

Reuters cited two unnamed sources in a report Wednesday on the decision to postpone. One said that the delay was approved at a board meeting the weekend before last week’s financial results announcement. The source said that had the listing gone ahead, it would have irked the Chinese government in Beijing.

The source said that the company is now looking at an October launch date.

More at https://tinyurI.com/y5wzmuh9

 

[tanwahtiu]

Ah Ma bery heng ahhh... lucky man...

Escape from getting busted and hang..

 

[syed putra]

I don't understNd tge need for second listing except shareholders can play not just by share price volatility, but also on forex.

 

[nightsafari]

I don't understNd tge need for second listing except shareholders can play not just by share price volatility, but also on forex.

it's to access the capital in those markets.