The e-commerce giant is working with financial advisors on the planned offering, the people said, asking not to be identified because the information is private. Alibaba aims to file a listing application in Hong Kong confidentially as early as the second half of 2019, the people said. A second listing is intended to diversify its funding channels and boost liquidity, but the plans are preliminary and could change.

Source: Los Angeles Times May 28, 2019 17:37 UTC