Alibaba is said to weigh raising US$20 billion in Hong Kong second listing
- InduQin
- May 28, 2019
- 1 min read

Alibaba Group Holding is considering raising US$20 billion via a second listing in Hong Kong after a record-breaking 2014 New York market debut, according to people with knowledge of the matter, a mega-deal that will bring China’s largest company closer to investors in its home country.
The e-commerce giant is working with financial advisers on the planned offering, the people said, asking not to be identified because the information is private. Alibaba is aiming to file a listing application in Hong Kong confidentially as early as the second half of 2019, the people said. A second listing is intended to diversify its funding channels and boost liquidity, one of the people said. The plans are preliminary and could change, the people added.
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