MarketsExclusive: JD.com, Yum China and others weigh Hong Kong listings
Alibaba fundraising paves way for $15bn fundraising by China tech titans
Encouraged by the bull-run of Alibaba's successful listing on the Hong Kong stock exchange last year, other major U.S.-listed Chinese companies are now looking to do the same. © Reuters
NARAYANAN SOMASUNDARAM, Nikkei Asian Review chief banking and financial correspondent
January 15, 2020 13:03 JST
HONG KONG -- At least four Chinese technology companies, including e-retailer JD.com and search engine Baidu, are considering a secondary listing in Hong Kong that could collectively raise as much as $15 billion, as U.S.-listed Chinese companies seek to follow Alibaba's successful listing and move closer to home, four people familiar with the discussions said.