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? Register for a free user account. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This WeekInnovator Profile: Hark Transforms Customer Service with an AI-Powered SolutionUS Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies: Highlights from the Market NavigatorMarket Outlook: Off-Price Is On Top as Growth Continues