Feb 18, 2021 (China Knowledge) - USD 5 bln debt sale by Alibaba (HKG: 9988) has attracted more than USD 38bn from potential investors signal how the Chinese tech group’s bond remains an alluring proposition for global capital even as regulators are awaiting for Alibaba’ explanation on transparency and business fairness. However, it seems that investors are appearing to put those concerns of increased scrutiny of Ma’s empire aside which resulted in the bids for the bonds amounting to more than seven-times the value on offer. This illustrates how China tech giants like Alibaba remains popular among investors.
Copyright © 2018 www.chinaknowledge.com
Send feedback or comments to: email@example.com
For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: www.chinaknowledge.com
To access our page on Bloomberg, type CKFI