The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014. REUTERS/Aly Song
HONG KONG (Reuters) - China's Evergrande Real Estate Group Ltd and Alibaba Group Holding Ltd are planning a stock market listing for soccer club Evergrande Taobao, former Asian Champions League winners, in what would be a first for a team in the region.
The club, which last month hired Brazil's World Cup-winning coach Luiz Felipe Scolari, has applied to list on China's so-called New Third Board for small enterprises, Evergrande said in a filing to the Hong Kong Stock Exchange on Thursday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
