Alibaba Group Holding Ltd. is running out of time if it wants to list in Hong Kong this year.
Hong Kong’s amended listing rules, which take effect Oct. 1, stipulate that IPO candidates must appoint sponsor banks at least two months before submitting listing applications to the bourse operator. Alibaba said it hasn’t appointed a sponsor bank.
Source: WSJ
Hong Kong’s amended listing rules, which take effect Oct. 1, stipulate that IPO candidates must appoint sponsor banks at least two months before submitting listing applications to the bourse operator. Alibaba said it hasn’t appointed a sponsor bank.
Source: WSJ
