NEW YORK: In picking the US to launch initial public offerings rather than their home market, Chinese technology companies Alibaba and Weibo are opting for maximum visibility and access to capital.
Alibaba, an e-commerce giant that blends elements of Google, eBay and Amazon, confirmed its plans Sunday to launch a US listing. US press reports have said the offering could be as big as US$15bil, which would make it the largest Chinese IPO ever and the biggest since Facebook's in 2012.
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