Alibaba Takes New Step Towards Hong Kong Stock Listing (Report)

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Alibaba Takes New Step Towards Hong Kong Stock Listing (Report)
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Chinese e-commerce giant Alibaba may have secretly made an application for a secondary listing of its shares on the Hong Kong Stock Exchange, according to a report Thursday from Bloomberg. The comp…

Chinese e-commerce giant Alibaba may have secretly made an application for a secondary listing of its shares on the Hong Kong Stock Exchange, according to a report Thursday from Bloomberg. The company is currently listed on the New York Stock Exchange following a 2014 IPO that raised $25 million of new capital. A secondary listing [...]Director Bryan Singer has agreed to pay $150,000 to resolve allegations that he raped a 17-year-old boy in 2003.

]Netflix shareholders aren’t okay with the amount of money the company is spending on its senior executives: A slim majority of shareholders voted down the company’s executive officer compensation plan at its most recent shareholder meeting last week, Netflix revealed in a regulatory filing Wednesday. “The Board will consider the results and act in what [...

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