Flash Report 3 minutesRegister for Free AccessAlibaba To Raise $13.4 Billion in Hong Kong Second Listing Coresight Research November 19, 2019 Executive SummaryChinese e-commerce services company Alibaba Group has filed for a second listing in Hong Kong. Following the Double 11 Global Shopping Festival, Alibaba made headlines again in the same week with its secondary listing in Hong Kong, to raise $13.4 billion. Amid turmoil in Hong Kong, Alibaba’s listing was a vote of confidence in the region as an international finance center and fundraising opportunity. The company’s listing will fund its business expansion plans and investment in technology. The listing is possibly a move to avoid sanctions from US regulators, and it taps into a substantial new capital pool in Asia, building an around-the-clock trading market for global investors. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 22: Store Closures Up by 57%Analyst Corner: What’s Happening in Beauty Retail?—Analyzing Mixed Performance and Success Strategies with Madhav PitaliyaWeekly US and UK Store Openings and Closures Tracker 2025, Week 8: US Store Closures Exceed 3,000, Up 420% Year Over YearAnalyst Corner: Three Themes Transforming US Apparel and Footwear Retail in 2025, with Anand Kumar