Alibaba's Hong Kong listing offers valuable Beijing goodwill - Reuters

in dlike •  5 years ago 

Shared From Dlike

Hong Kong listing of Alibab will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war. 

The share sale is set to be Hong Kong’s largest in more than nine years, comes as Beijing seeks support from businesses and entrepreneurs in the face of anti-government protests there. 


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @holychain! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You distributed more than 200 upvotes. Your next target is to reach 300 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Vote for @Steemitboard as a witness to get one more award and increased upvotes!