Hong Kong’s Alibaba Courtship May Pay Off With Mega-Deal
- Alibaba weighs $20 billion secondary listing in Hong Kong
- City has changed market rules to attract more tech companies
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Hong Kong is getting a second chance to land the record-breaking deal that got away.
Five years after Alibaba Group Holding Ltd. spurned the city’s stock exchange for a $25 billion initial public offering in New York, the Chinese e-commerce giant is said to be mulling a second listing in Hong Kong that would raise $20 billion from investors.