Alibaba Group Holdings Ltd.?s plan to take back control of the company got another boost as minority shareholders voted in favor of taking the company?s Hong Kong-listed unit private.
read more
Andrew Harrer/Bloomberg Alibaba.com shares are surging on Wednesday in Hong Kong as investors expect the company?s privatization plan to be given the OK. At open, shares jumped 43% to HK$13.18, at a small discount to the company?s b... Read Post
A bid to take private the telecommunications company PCCW hit a snag on Tuesday when Hong Kong's high court gave market regulators three weeks to investigate accusations of vote fraud — the latest twist in one of Hong Kong's most pu... Read Post
Alibaba Group Holding Ltd. is working on increasing the size of a US$3 billion loan it has already taken out to finance the privatization of its Hong Kong listed unit to US$4 billion, a person familiar with the situation said Wednes... Read Post