Regulators are also reviewing Ant's equity investments in dozens of companies and considering whether to instruct the firm to divest of some, Reuters reported last month. Alibaba's international bond offering, if finalised, would be the group's third, Refinitiv data showed. It sold an $8 billion US dollar bond in 2014, and a $7 billion tranche in 2017, the data showed. With its latest float, Alibaba will join a slew of Asian companies that in recent months have taken advantage of cheaper borrowing costs and abundant liquidity in global markets.