In the news: Alibaba confirms US IPO, Twitter CEO visits China, the CSRC punishes law firms and Zhejiang Xingrun defaults

March 21, 2014 | BY

clpstaff &clp articles

This week Alibaba officially chose the US for its listing, Twitter CEO Costolo prepared his first trip to Shanghai, Chinese law firms were fined over IPO due diligence and a real estate developer defaulted

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Alibaba ditches HK for US IPO


Alibaba announced on Sunday it has started filing for its US IPO. This marks the second largest internet listing ever, expected to exceed Facebook's