E-Commerce Giant: Hong Kong and Hina Sets

e-commerce giant: Alibaba's stock float is also the largest IPO in Hong Kong this year, according to The Japan Times. Alibaba had planned to debut in Hong Kong in August but postponed the listing due to anti-government protests that have rocked the Chinese territory since June. Alibaba, already listed in New York, is raising over 11 billion by issuing 500 million new shares. ; The company's secondary listing is reportedly the largest initial public offering so far this year, surpassing ride-hailing giant Uber Technologies Inc., which debuted on the New York Stock Exchange in May. RELATED STORIESChina sets up Hong Kong crisis center in mainland and considers replacing chief liaison The e-commerce giant listed in New York in September 2014, raising 21.8 billion in the biggest initial public offering in the United States. Twitter Facebook Linked In GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5 Mail the editor Error Policy JOIN THE CONVERSATION LATEST BUSINESS STORIESCryptocurrency exchanges across China halt services amid crackdown China's latest crypto-crackdown is already claiming its first casualties. Alibaba, minority-owned by Japanese tech investment company Soft Bank Group Corp., was started by co-founder Jack Ma in 1999. (news.financializer.com). As reported in the news.