Alibaba it is ready to be listed and will almost certainly choose the New York Stock Exchange, which should beat the competition from the Hong Kong stock exchange. According to analysts' forecasts, the largest Chinese e-commerce company will thus give rise to one of the largest IPOs in history.
As reported by the Financial Times, which cites anonymous sources, "a listing in Asia" is to be categorically excluded". At the beginning, the giant had speculated on a listing in Hong Kong, but then abandoned the idea because the company's board of directors is not in line with Hong Kong regulations.
On the other hand, the sources cited by the British newspaper claim that Alibaba has continued to move to unblock the situation in Hong Kong, especially after the local authorities had started consultations on a possible change in the rules in order to attract a greater number of IPOs technological.
However, the possible change in the rules is not close at all, which is why Alibaba would have decided to opt for a listing on the New York Stock Exchange.
