Alibaba drops share sale to revive hopes of a Hong Kong listing

Mainland e-commerce giant Alibaba has abandoned plans to sell shares anywhere in the near term in a bid to let the heat die down over its controversial share-structure proposal, chief executive Jonathan Lu Zhaoxi told the South China Morning Post yesterday, leaving the door open to a Hong Kong listing.

via Business feed http://www.scmp.com/business/china-business/article/1339217/alibaba-drops-share-sale-revive-hopes-hong-kong-listing