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Alibaba Might Cancel Its Hong Kong Public Offering
COVID-19 and China
Image credit: EO Company

Alibaba Group (BABA:NYSE) is considering to put off or even cancel its Hong Kong Stock Exchange public offering application, according to people with knowledge of the matter.

EqualOcean reported last month that the firm intended to raise another USD 20 billion on the Hong Kong bourse in early autumn 2019.

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