Wednesday, 25 September 2013

Hong Kong 0, New York 1?



Hong Kong has seemingly lost the biggest IPO since Facebook. The loss, though, may do more to bolster Hong Kong's reputation in the longer term. China's Alibaba, the world's largest e-commerce company, has reportedly ended talks with the Hong Kong Stock Exchange and will try to list in New York. via Pocket http://www.bbc.co.uk/news/business-24240508

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