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Briefs: Xpeng to raise HK$14 bil in HK listing; Alibaba nears first big deal since antitrust fine

The Edge Singapore
The Edge Singapore • 7 min read
Briefs: Xpeng to raise HK$14 bil in HK listing; Alibaba nears first big deal since antitrust fine
These are the highlights in the news this week.
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Quoteworthy: "Anyone who dares try to do that will have their heads bashed bloody against the Great Wall of steel forged by over 1.4 billion Chinese people." — China premier Xi Jinping speaking at the ceremony marking the centennial of the Chinese Communist Party.

Indonesia close to IPO overhaul to attract mega tech listings

Indonesia is close to finalising a sweeping revamp of listing rules, paving the way for Southeast Asian start-up giants from Bukalapak.com to ride-hailing leader GoTo to go public from August.

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