In Asia, Alibaba (NYSE:BABA) is likely to price its secondary listing at HK$176 to raise between $11B and $13B and begin trading. Saudi Aramco plans meetings in Dubai next week with investors in Dubai as it looks to raise up to $25.6B. Saudi Aramco set an indicative price for the deal, valuing the company at up to $1.7T - below the $2T sought by Saudi’s crown prince, but putting it in the running to become the world’s biggest IPO.
