The Wall Street Journal reports,"the New York Stock Exchange is the front-runner to win the high-profile listing for the shares of Chinese e-commerce giant Alibaba Group Holding Ltd., according to people familiar with the matter".
The listing is expected to be the largest ever in the U.S. by a Chinese company and would be a major prize for the iconic exchange—and another setback for its rival, Nasdaq OMX Group Inc.
A final deal hasn't yet been signed, but Alibaba has indicated to people involved in the competition for the listing that it prefers NYSE Euronext,
