摘要
Alibaba will complete its listing under Alibaba Group Holding Ltd, which is ~a company registered in the Cayman Islands. Since the China Securities Regulatory Commission requires companies listed in China to be based in China, Alibaba can only choose Hong Kong or the United States as its place of listing. If Alibaba turns to the United States for its IPO, the company will need to prepare for considerable scrutiny; if it opts to list in Hong Kong as planned previously,