25 February 2020

Alibaba in talks with London bourse after HK snub, SCMP says

Alibaba is considering a London listing as part of its potential US$15 billion share-sale plan, the South China Morning Post reported Tuesday, citing unnamed sources. Senior executives at the firm met British officials during last week’s visit to Hong Kong by London Mayor Boris Johnson, it said. Johnson’s deputy, Kit Malthouse, discussed various investment and market-related issues, including a possible Alibaba listing, and Alibaba executives expressed “huge interest” in listing the firm on the London Stock Exchange, the report said.

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