The Irony of Alibaba's Listing in Hong Kong – Most Interesting Thing in Tech

Alibaba has called off its listing on the Hong Kong stock exchange. Yes, it’s partly because of the instability. But it’s also just a way to please Beijing. And there’s a deep irony: HK could have had the original listing in 2014 if, like the US, it was OK with dual-class stock systems that centralize power with executives.