Alibaba shares trading 7.7% higher in Hong Kong debut

rk editor November 25, 2019 in.reuters, Reuters: Technology News https://in.reuters.com/article/alibaba-listing-hongkong/alibaba-shares-trading-7-7-higher-in-hong-kong-debut-idINKBN1Y005E?feedType=RSS&feedName=technologyNews

Alibaba Group's Hong Kong shares were trading 7.7% higher at HK$189.50 in their debut, after marking the city's biggest share sale in nine years. Alibaba has raised at least $11.3 billion from the secondary listing and that amount could climb to as much as $12.9 billion if an over-allotment option is exercised.

from Reuters: Technology News https://ift.tt/2QQrYAl

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