Tuesday, May 28, 2019

Sources: Alibaba is considering raising $20B via a second listing in Hong Kong, after raising a record-breaking $25B in its 2014 market debut on the NYSE (Bloomberg)

Bloomberg:
Sources: Alibaba is considering raising $20B via a second listing in Hong Kong, after raising a record-breaking $25B in its 2014 market debut on the NYSE  —  - It's said to be angling for Hong Kong in the second half  — The offering comes after the Hong Kong exchange relaxes rules



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...