Download the app and get the day’s most important stories.

November 26, 2019 | Via Financial Times

Alibaba’s Stock Jumps on Hong Kong Trading Debut

Shares in Alibaba jumped more than 6 percent in their Hong Kong trading debut, after the technology group raised more than $11bn against a backdrop of simmering anti-government unrest in the Asian financial hub. Five years ago Alibaba raised $25bn in New York in what was the world’s biggest initial public offering. The secondary listing will make it easier for investors in China and elsewhere in Asia to trade the shares.

February 2020
M T W T F S S
« Jan    
 12
3456789
10111213141516
17181920212223
242526272829