Alibaba Health raises $1.3 billion in HK's biggest secondary share sale in 5 years - Tech news daily

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Tuesday, 4 August 2020

Alibaba Health raises $1.3 billion in HK's biggest secondary share sale in 5 years

Alibaba Health Information Technology has raised nearly $1.3 billion in Hong Kong's largest followon share sale since 2015, and industry experts say this could prompt more firms to tap investors for cash in the Asian financial hub.

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