In the News: Alibaba Raises $13 Billion; MSCI Issues Reform Demands; and Trump Signs Hong Kong Act

Alibaba raises $13 billion in Hong Kong secondary listing; MSCI wants more hedging tools and easier settlement cycles before further stock inclusion; Trump signs Hong Kong democracy act in trade war setback

7 minute readDecember 02, 2019 at 02:36 AM

Vincent Chow

In the News: Alibaba Raises $13 Billion; MSCI Issues Reform Demands; and Trump Signs Hong Kong Act

Alibaba's Hong Kong listing the world's largest in 2019

Alibaba had a successful secondary listing in Hong Kong with its shares closing up 6.6% in the world's biggest stock offering

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