Alibaba considers sole HK listing for IPO

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/KC2844/K9VQ58/ICVIZL/HDGAS1/   FT Exclusive Tuesday May 28 2013 Alibaba considers sole HK listing for IPO Alibaba is prepared to shun US markets and pursue its highly anticipated listing solely in Hong Kong, dealing a blow to global exchanges keen to host what would likely be the biggest initial public offering this year. China's biggest ecommerce company is expected to list at the earliest in the final quarter of this year and could be valued at $60bn-$70bn. Alibaba said it had not yet appointed banks to run the listing process and has made no final decision on its listing venue. However, bankers from three different institutions in the US and Asia that were in talks with the company about its plans said a US listing was almost certainly off the table. http://link.ft.com/r/KC2844/EKP5WX/HDGAS1/B5AR4S/9M15UD/W1/h?a1=2013&a2=5&a3=28 Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..