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Chinese E-Commerce Giant Plans Stateside IPO
2014-03-17 22:31:59| TechNewsWorld
Gargantuan Chinese e-commerce outfit Alibaba soon will begin the process of launching an initial public offering on the New York Stock Exchange. Early forecasts suggest that the IPO could raise $15 billion. The announcement seemingly ends speculation about whether Alibaba would be listed on the NYSE or in Hong Kong. Alibaba apparently found some of the SEHK's rules particularly unpalatable.
Tags: plans
chinese
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Category:Information Technology
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