Alibaba's leaders are close to seeing the fruition of “Project Tangerine,” the internal name for their effort to raise up to $15 billion in a secondary listing in Hong Kong
BEIJING—Alibaba Group Holding Ltd.’s leaders used the code “Project Orange” to discuss the company’s blockbuster initial public offering in 2014. Now they are close to seeing the fruition of “Project Tangerine,” the internal name for their effort to raise up to $15 billion in a secondary listing in Hong Kong.
The Chinese online retailer said Wednesday that it had applied for the offering on the Hong Kong stock exchange. The move gives the Asian financial hub a vote of confidence after monthslong demonstrations and sometimes-violent...
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Alibaba’s Secondary Hong Kong Listing Gets the NodAlibaba Group’s leaders used the code “Project Orange” to discuss the company’s blockbuster initial public offering in 2014. Now they are close to seeing the fruition of “Project Tangerine,” the internal name for their effort to raise up to $15 billion in a secondary listing in Hong Kong.
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Alibaba readies $13 billion Hong Kong listing before the end of NovemberAlibaba will issue 500 million new ordinary shares plus 75 million 'greenshoe' options, and will stay listed in New York.
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Police, protesters face off in renewed clashes in Hong KongPolice in Hong Kong have fired tear gas at protesters who littered streets with bricks and disrupted trains as the territory's five months of anti-government demonstrations have turned increasingly violent.
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