Tagged: IPO

Hong Kong Snubbed For IPO As Shenzhen Gets Focus Media

When e-commerce giant Alibaba Group Holding eventually decided to list in New York last year, some Hong Kong officials and bankers sought to defend the snubbed city’s long-standing reputation as one of the world’s leading financial centres. “Don’t worry. Others will still come to Hong Kong after Alibaba” was the main message heard at the time....