Alibaba raises further $1.7 billion in over-allotted shares in HK listing

Chinese e-commerce giant Alibaba said on Tuesday it has raised an additional HK$13.17 billion ($1.68 billion) by exercising the over-allotment option in its Hong Kong secondary listing. [Source]

Origin: reuters.com

Category: businessNews

Topics: listing, billion, Alibaba, secondary, option, over-allotment, exercising, billion), HK$13, additional, raised, giant, e-commerce, Chinese, shares, over-allotted, further, raises

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/C1IHScA-THA/alibaba-raises-further-1-7-billion-in-over-allotted-shares-in-hk-listing-idUSKBN1Y71LL