The Irony of Alibaba's Listing in Hong Kong – Most Interesting Thing in Tech

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By SpokenLayer and WIRED. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Alibaba has called off its listing on the Hong Kong stock exchange. Yes, it’s partly because of the instability. But it’s also just a way to please Beijing. And there’s a deep irony: HK could have had the original listing in 2014 if, like the US, it was OK with dual-class stock systems that centralize power with executives.

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