Alibaba is not going to be listed at Hong Kong stock exchange as planned

Alibaba is not going to be listed at Hong Kong stock exchange as planned

It seems that there are no people have left who haven’t heard of the protests in Hong Kong. And it was just a matter of time that they started to meddle with our trading. Of course fir now nothing serious is going in but keep in mind that the situation might get worse in a matter of days.

Alibaba – one of China’s biggest companies has postponed its listing in Hong Kong stock exchange given the unsayable situation in the region. This is the information given out by Reuters.

The company was going to get listed in Hong Kong exchange in the third 2019 quarter and earn about $15 billion from the deal. Right now listing has been postponed until the fourth quarter but for now there is no certain date for the process. Some speculate that we are going to see Alibaba listed in October, but this is not an official information.

The company was going to get listed in Hong Kong exchange in the third 2019 quarter and earn about $15 billion from the deal. Right now listing has been postponed until the fourth quarter but for now there is no certain date for the process. Some speculate that we are going to see Alibaba listed in October, but this is not an official information.

Hong Kong has been wrapped into the pro-democracy riots since the beginning of June. People are protesting against the new extradition law which, as considered by the protestors is aimed at the dissidents who have fled to Hong Kong from China. The situation is still escalating with Chinese military about to get involved in the situation.

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Hong Kong has been wrapped into the pro-democracy riots since the beginning of June. People are protesting against the new extradition law which, as considered by the protestors is aimed at the dissidents who have fled to Hong Kong from China. The situation is still escalating with Chinese military about to get involved in the situation.

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