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Stocks

China's Alibaba seen topping Facebook with upcoming IPO

SILICON VALLEY -- Anticipation is growing in the stock market that Chinese e-commerce giant Alibaba Group Holding will rake in more cash than any other Internet company, including Facebook, when it goes public in the U.S.

     Alibaba is preparing to list either on the New York Stock Exchange or the Nasdaq, with an application likely to be submitted as early as this month.

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