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Alibaba gains new admirers with its Singles' Day asset-backed securities
Published Mon, Nov 28, 2016 · 09:50 PM
Hong Kong
ALIBABA Group Holding has now been ramping up its Singles' Day online shopping frenzy for eight years, but, this time, it has added a new ingredient to the celebrity-studded extravaganza: securitisation.
Last week, a unit of Alibaba-backed Ant Finan…
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