Chinas e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal. The Hangzhou, China-based company, which controls about 80 percent of the countrys e-commerce, had been in […]
Less than two weeks ago, web services at the Hong Kong Stock Exchange (HKEx) were hit by Distributed Denial of Service (DDoS) attacks for two days in a row. Although the bourse’s CEO, Charles Li, said no trading or financial systems were breached in the attacks, trading was affected for several hours. Backup plans were […]
The Hong Kong stock exchange come under attack for the second day in a row on Thursday. The exchange blamed a Distributed Denial of Service (DDoS) attack against its news web server, hkexnews.hk. Many investors rely on this site for up-to-date financial postings from companies trading on the exchange.Charles Li, the chief executive at HKEx, […]
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