Chinese companies are deciding whether to go public on U.S. stock exchanges, which would be the first such move since 2011. Alibaba Group Holding is widely believed to be preparing an initial public offering that would be valued in the billions of dollars and is evaluating whether to launch its offering in New York, Hong Kong or elsewhere, people familiar with the matter said. Several other firms are seriously looking at U.S. IPOs, sources said.

Related Summaries