Alibaba Files for Secondary Listing in Hong Kong

Alibaba's leaders are close to seeing the fruition of “Project Tangerine,” the internal name for their effort to raise up to $15 billion in a secondary listing in Hong Kong

BEIJING—Alibaba Group Holding Ltd.’s leaders used the code “Project Orange” to discuss the company’s blockbuster initial public offering in 2014. Now they are close to seeing the fruition of “Project Tangerine,” the internal name for their effort to raise up to $15 billion in a secondary listing in Hong Kong.

The Chinese online retailer said Wednesday that it had applied for the offering on the Hong Kong stock exchange. The move gives the Asian financial hub a vote of confidence after monthslong demonstrations and sometimes-violent...

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