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Alibaba’s HK$88bn IPO a shot in the arm for HKEX

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By Jonathan Breen
21 Nov 2019

Alibaba Group Holding pulled off the year’s largest IPO this week, raising HK$88bn ($11.2bn) from its Hong Kong secondary listing. The company has given the stock exchange a much needed boost in morale, while signalling to other foreign-listed Chinese companies that they can come home. Jonathan Breen reports.

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By Jonathan Breen
21 Nov 2019