Alibaba Delays Hong Kong Listing Due to Political Instability – Report

Chinese online retailing giant Alibaba Group Holding  (BABA – Get Report)  postponed a planned listing of up to $15 billion in Hong Kong that was scheduled for late August, according to a report from Reuters. The decision comes after almost three months of sometimes-violent protests in the former British territory of Hong Kong, and the current environment is seen as politically unstable. Some commentators have raised concerns that the Beijing government may use the military to crack down on the protests just as it did in 1989 to quell the Tiananmen…

Beyond Meat Tumbles After Secondary Offering Is Priced at $160/Share

The sizzle just left shares of plant-based protein producer Beyond Meat (BYND) . The stock was off more than 6% in premarket trading Thursday following the pricing of a secondary offering of shares Wednesday evening. While the sale of the stock at $160 was six-fold the initial public offering price of $25 in May, the offering was still made at a substantial discount to Wednesday’s closing price of $196,51. The offering, which totals 3.25 million shares, is a combination of insider sales of existing shares and the creation of 250,000…

Uber Seeks Valuation of Up to $100 Billion in IPO – Report

Ride-sharing company Uber Technologies is set to tap the markets with a $10 billion initial public offering, according to a report from Reuters. The stock sale, which would rank among the largest IPOs in history, could value the company at up to $100 billion, the report stated. The necessary government filings, which are expected to be made Thursday, come just weeks after the company’s smaller rival Lyft (LYFT had a disappointing offering in March. Lyft was priced at $72 a share but recently was trading around $67. Uber has had…