Alibaba proposes Hong Kong share placement worth $10 billion

4

Aug 23 (Reuters) – China's Alibaba announced on Sunday a proposed placement of new shares in Hong Kong. The aggregate placement consideration is HK$80 billion ($10.2 billion), the company added. ($1 =

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)