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Alibaba Delays Primary Hong Kong Listing as Revenue Growth Slows

Alibaba Delays Primary Hong Kong Listing as Revenue Growth Slows

Nov 18, 2022
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Alibaba Delays Primary Hong Kong Listing as Revenue Growth Slows
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Alibaba Delays Primary Hong Kong Listing as Revenue Growth Slows
(Source: Alibaba)

Hangzhou-based internet giant Alibaba stated on November 17 that it will not complete a primary listing in Hong Kong before the end of the year as initially planned. This delay comes as the firm struggles with slowing growth at home.

“Before our conversion to a primary listing in Hong Kong, we also need to formulate and submit a new empl…

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