in

Alibaba Units’ Possible IPOs Spark Hot Investor Demand

Alibaba Earnings Turnaround Hopes Revived After Shares Rise 60%

Shares of Alibaba Group Holding Ltd.’s units that may soon become public are expected to be in high demand as the breakup unleashes value in the wake of regulatory woes, investors said.

China’s online commerce leader last month announced plans to split its $220 billion empire into six business units, a move seen as potentially boosting Hong Kong’s IPO market. The shares have since climbed at least 17 percent.

Interest in the units is…


Posted by Editor

Chile's Congress passes bill to cut workweek to 40 hours

Chile's Congress passes bill to cut workweek to 40 hours

Lehigh Valley streamlines ED triage with virtual docs and nurses