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Where will Alibaba list shares?

10 September 2013 Last updated at 10:05 BST

There has been growing speculation that Chinese internet giant, Alibaba, is planning to raise money on the stock market for the first time.

But there have been reports that the firm is contemplating selling shares in New York rather than Hong Kong.

Reports say Alibaba's founder Jack Ma wants to control the composition of the company's board of directors - and that would be easier under more flexible US rules.

Rachel Lashford, from the research firm Canalys, explained the situation to Rico Hizon.