https://www.reuters.com/article/us-alibaba-hongkong-pricing/alibaba-to-price-shares-at-hk176-in-landmark-12-9-billion-hk-listing-sources-idUSKBN1XT2W0

Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion from its landmark Hong Kong listing and is set to price its shares at a 2.8% discount to their New York close, sources with direct knowledge of the matter said.