China's Alibaba to raise US$4.5 billion through convertible bonds, repurchase shares

ALIBABA Group Holding said on Thursday (May 23) the Chinese e-commerce giant would sell convertible bonds to raise about US$4.5 billion and plans to use some of the proceeds to repurchase American Depositary Shares.

Related Keywords

China ,United States ,Chinese ,American , ,Alibaba Group Holding ,Reuters ,American Depositary ,Hong Kong Listed ,Bloomberg News ,