Alibaba confirms huge Hong Kong public listing
Friday, November 15, 2019, 11:33 AM
Chinese technology giant Alibaba confirmed Friday its plans to list on the Hong Kong stock exchange, in an initial public listing aiming to raise up to $13.8 billion. The enormous IPO will give Hong Kong's financial authorities a huge boost as the city is battered by pro-democracy protests that have tarnished its image for security and hammered the Hang Seng Index.
Jack Ma steps down as Alibaba's Chairman
Tuesday, September 10, 2019, 12:07 PM
Jack Ma stepped down as Alibaba's chairman today, handing the role over to the company's current CEO Daniel Zhang. The transition was announced a year ago. Ma will continue serving on Alibaba's board until its annual general shareholders' meeting next year. He also remains a lifetime partner of Alibaba Partnership, a group drawn from the senior management ranks of Alibaba Group companies.
Smooth succession: Jack Ma eases out of a thriving Alibaba
Sunday, September 8, 2019, 8:12 PM
Jack Ma steps down next week as chairman of Alibaba, but the start-up he built into and online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture. A former English teacher whose often playful image shattered the stereotype of the drab Chinese executive, Ma officially leaves on Tuesday, his 55th birthday.