(Bloomberg Opinion) — Has the golden age of asset management finally arrived in Asia? For years, Asia’s hottest unicorns left their homelands to list in New York for one simple reason: a deep pool of U.S. money. And they have been rewarded. From Alibaba Group Holding Ltd. to JD.com Inc., more than a dozen Chinese companies listed there have a market capitalization of $10 billion or more. But Alibaba’s Hong Kong listing may be changing things. The e-commerce giant raised about $11 billion in the city’s largest issuance of stock since 2010, with about one-third of the tranche taken up …read more
Source:: Yahoo Finance
