Alipay Owner Said to Plan Hong Kong IPO in First Half of 2017

  • Alibaba’s finance affiliate said to rethink dual listing plans
  • Ant Financial’s Shanghai listing said to face hurdles

Alibaba Group Holding Ltd.’s finance affiliate is considering an initial public offering in Hong Kong in the first half of next year after running into regulatory hurdles for a dual listing that would have included Shanghai, according to people familiar with the matter.

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