Well, Alibaba, China's e-commerce giant, just did.

For its secondary listing, Alibaba chose Hong Kong’s stock exchange. Despite the protests and the political unrest in the island, the company hoped to raise about US$ 11bn.

Its goal was achieved: the company raised US$ 11.3bn and saw a jump of 6% in its stocks. Alibaba’s move, according to the company, is built on their belief that Hong Kong’s future remains bright, even in these times of ongoing change.

The secondary listing marks a return of the company to the former british colony. In 2013, the time of Alibaba’s IPO, the HK stock exchange was considered, but was not chosen due to the failure to secure regulatory approval in Asia. The company’s Initial Public Offering ended up taking place in NYC.

This choice by one of the world’s largest e-commerce companies, accompanied by the positive feedback by investors, further strenghthens Rabelo Alvim’s beliefs in the advantageousness of investing in Hong Kong in particular, and Asia in general. Our office is available to Brazilian and international firms interested in expanding their activities to benefit from the region’s growth.