Deals
Alibaba's Jack Ma Will Consider Listing Units in Hong Kong
- China’s richest man is pondering floating pieces of Alibaba
- A debut of Alibaba units will mark a triumph for Hong Kong
Jack Ma
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Alibaba co-founder Jack Ma will consider floating pieces of the Chinese e-commerce titan in Hong Kong, taking advantage of regulations that will allow the listing of companies with dual-class shares.
China’s richest man welcomed the relaxation of restrictions, a factor in Alibaba Group Holding Ltd.’s 2014 decision to list in New York in the world’s largest initial public offering -- a record that still stands. The online shopping giant has since grown into an internet empire spanning cloud services, music and video streaming with stakes in healthcare, logistics and film.