Hong Kong looks likely to retain its crown as the top stock exchange for IPOs in the world this year, according to data from Refinitiv. The city already hosted a blockbuster listing from AB InBev earlier this fall, and is now reportedly gearing up for Alibaba's secondary listing in the coming weeks. The latter could lift the Hong Kong exchange above the New York Stock Exchange and the Nasdaq as this year's largest venue for public offerings.
In October, 22 companies debuted on the Hong Kong market, compared to seven in September and one in August. There have been 16 new listings in November so far.Alibaba, meanwhile, could raise as much as $15 billion if it sells shares in Hong Kong, according to Bloomberg. Several news outlets have reported that Alibaba could begin listing shares within the next couple of weeks. Alibaba did not respond to requests for comment Tuesday from CNN Business.
This is ridiculous. These radicals have destroyed their city.
Tycoons still have vast lands earmarked for development, to built world's most expensive apartments.
暴徒都变成恐怖分子了 就差杀老百姓了