Investors Flock To $5 Billion Alibaba Bond Deal, Shrug Off Regulatory Woes

Alibaba Group Holding Ltd's $5 billion U.S.dollar bond offering received demand for eight times the debt offered, underscoring global investors' faith in founder Jack Ma's ecommerce behemoth despite a regulatory crackdown on his empire.

from Top Business News- News18.com https://ift.tt/3tvkiUY