Alibaba founder Ma says will 'seriously consider' Hong Kong listing - News Summed Up

Alibaba founder Ma says will 'seriously consider' Hong Kong listing


Ma made the comments at an event in the city on Monday in response to remarks made by Hong Kong Chief Executive Carrie Lam about how she hoped Alibaba would consider returning to Hong Kong to list, an Alibaba spokeswoman said. “Daring to speak like this marks a strong commitment so we will definitely seriously consider the Hong Kong market,” Ma said in response to Lam’s speech, according to a transcript provided by Alibaba. China video game craze drives booming e-sports marketThe Alibaba spokeswoman said there were no further details available on what any Hong Kong listing plan could involve. “We are also creating a new route to secondary listings in Hong Kong to attract companies from emerging and innovative sectors. Hong Kong trading volumes for a household name such as Alibaba would be expected to grow significantly over time, according to bankers.


Source: The Express Tribune January 09, 2018 06:11 UTC



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