Alibaba Scraps Logistics Listing as Hong Kong IPO Woes Worsen
Wall Street Journal
The Chinese internet company has abandoned plans to list Cainiao, dealing a blow to Hong Kong’s beleaguered initial public offering market.
https://www.wsj.com/articles/alibaba-scraps-spinoff-plan-as-hong-kong-ipo-woes-worsen-a000d24c