Alibaba said to have picked CICC, Credit Suisse to lead its Hong Kong share sale

Alibaba said to have picked CICC, Credit Suisse to lead its Hong Kong share sale

Photographer: Qilai Shen/Bloomberg

Chinese internet giant Alibaba Group Holding Ltd. has picked China International Capital Corp. and Credit Suisse Group AG to lead a planned Hong Kong share sale, people familiar with the matter said.