Alibaba proposes Hong Kong share placement worth $10 billion

Alibaba proposes Hong Kong share placement worth $10 billion  Reuters

Since 2021, Hong Kong’s development as a regional intellectual property (IP) trading centre has featured in China’s five-year plans and the policy addresses of chief executives Carrie Lam Cheng Yuet-ngor and John Lee Ka-chiu. There are good strategic reasons to see considerable potential in developing the city as an IP

A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus 21 Aug 2026 03:28PM SEOUL, Aug 21 : Samsung SDI said on Friday it will sell 13.09 million shares in affiliate Samsung Display to the display maker for about 4.45 trillion won ($3.21 billion), to raise funds for in

Chan said firms from sectors like biotechnology, mining, and consumer companies are also in the pipeline.

Hong Kong's CK Hutchison is seeking more than US$1.5 billion from Panama after courts voided its Balboa and Cristobal port concession. Panama says it only enforced its own constitution.