在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Alibaba delays Hong Kong listing

By Yang Yang | chinadaily.com.cn | Updated: 2019-08-16 11:18
Share
Share - WeChat
People walk past an Alibaba Group sign in Hangzhou, East China's Zhejiang province, on May 10, 2018. [Photo/VCG]

Chinese e-commerce giant Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange, previously expected to take place in September, the New York Post reported on Thursday.

Hangzhou-based Alibaba filed to sell shares on the exchange in June, and the offering is expected to be roughly $20 billion.

The Hong Kong listing, allowing pensions and other investors from the mainland buy shares of the company, can diversify funding channels and boost the company's liquidity.

As one of the most recognizable tech companies in the world, Alibaba is also listed on the New York Stock Exchange and the company carries a $417 billion market cap in the US stock market.

Raising $25 billion by selling shares on the New York Stock Exchange, Alibaba made the world's largest first-time share sale at its NYSE listing in 2014.

The company attempted to list on Hong Kong Exchanges and Clearing Ltd as early as 2013, but had to abandon the plan and pursued an IPO in New York due to the inconsistency of the company's dual-class corporate structure and HKEX's rules at the time.

On April 24, 2018, technology firms that have shares with different voting rights were allowed to go public in Hong Kong — the biggest change in HKEX's IPO rules in two decades — making it possible for Alibaba to list on the A-share market.

The company reported robust revenue growth on Thursday, with a 42 percent year-on-year increase and 114.9 billion yuan ($16 billion) in revenue for the quarter ending June 30.

The adjusted earnings per share reached 12.55 yuan, and the shares jumped as much as 5 percent on Thursday, Yahoo Finance reported.

The tech company's annual active consumers reached 674 million, a 20 million increase from last quarter, the report said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久久精品网 | 九九综合九九 | 四虎亚洲精品 | 99精品欧美一区二区三区综合在线 | 精品国产乱码久久久久久影片 | 国产中文字幕一区二区 | 97国产一区二区精品久久呦 | 91精品国产乱码久久久久久久久 | 久久精品色欧美aⅴ一区二区 | 91污视频软件| 色免费在线观看 | 免费观看黄a一级视频 | 亚洲欧美另类图片 | 四虎成人精品 | 黄色毛片av | 99视频网站| 日韩一区二区三区av | 高清av一区| 国外成人在线视频网站 | 国产精品久久久久久久久久妞妞 | 亚洲成人免费视频在线观看 | 久久九| 一区二区视频在线 | 精品久久久久久久久久久久久久 | 色本道| 97在线观看 | 欧美久久精品 | 天堂一区二区三区 | 久久成人av| 欧美激情一区二区三级高清视频 | 亚洲人在线 | 日本中文字幕一区二区 | 日韩成人影院 | 久久精品国产99 | 亚洲国产字幕 | 成年人视频在线免费观看 | 久久激情综合 | 国产精品一线二线在线观看 | 91精品国产高清一区二区三区 | 久操草 | 日本久久综合 |