Secondary listings

Alibaba’s Hong Kong secondary listing plan: it isn’t worth it

The e-commerce giant’s idea of a secondary listing in Hong Kong may not deliver the much-hyped boost in liquidity some bankers are touting; it could also call forth unwanted volatility.

Alibaba would face an uphill struggle to maintain trading activity if it pushes ahead with plans for a secondary listing in Hong Kong, say market participants. Maybe the Chinese e-commerce giant shouldn’t even try.

¬ Haymarket Media Limited. All rights reserved.

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