Alibaba Group founder and Executive Chairman Jack Ma waves to reporters before an IPO road show at a hotel in Hong Kong Monday, Sept. 15, 2014. Alibaba’s choice of New York over Hong Kong for its blockbuster IPO was a blow for the Chinese financial center. Now, the city’s stock market is starting to rethink rules that stopped it from accommodating the Chinese e-commerce giant’s unique management setup.VINCENT YU/AP PHOTO
Alibaba started its Asia roadshow from Hong Kong, for its IPO on the New York Stock Exchange. The company’s founder, Jack Ma, highlighted Alibaba’s plans of becoming a global company by expanding into the U.S. and European markets after its listing. CCTV Americas’s Cathy Yang reports.
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