Alibaba is
one of many companies that go IPO. Hong Kong is the second city of IPOs
after NYC. Most IPOs in HK exchange are Chinese companies.
Yes, the wealth gap is wider but it has been that way for more than a decade.
I bet it is the same as the USA or even wider due to the rising stock market between 2008 and today.
The
poor in the US tries to reduce the gap by forcing the politicians (or
votes) to raise the min. wage. In the long run, it could hurt the poor
more as more jobs will go overseas.
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