Edoardo Cignoli : Alibaba Ends Talks With Hong Kong Exchange

Alibaba, China's largest e-commerce company, is moving toward an initial public offering in New York after it ended negotiations with Hong Kong's exchange. The listing could value the company at $70 billion or more.



via WSJ.com: US Business http://online.wsj.com/article/SB10001424052702304526204579096381790891334.html?mod=pls_whats_news_us_business_f