Alibaba’s Hong Kong share sale is feeling lucky


Major listing: Alibaba headquarters in Hangzhou, China. The effect of squeezing down the retail offering may be to increase the perceived rarity value of Alibaba shares, magnifying the buzz around what may be Hong Kong’s biggest share sale since 2010. — Bloomberg

HONG KONG is doing everything it can to ensure Alibaba Group Holding Ltd’s listing is a roaring success.

That’s turning the US$12bil mega-sale into a hot item – if you can get your hands on the shares.

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