HONG KONG is finally set to see its first billion-dollar plus listing in more than six months.
Chinese internet company NetEase Inc. launched a second listing in the financial hub on Monday that could raise as much as $2.8 billion, based on the maximum price it set for the offering. It’s by far the largest initial share sale in the city all year and the first that could raise over $1 billion since e-commerce giant Alibaba Group Holdings Ltd.’s massive $13 billion second listing in November.
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