https://www.reuters.com/article/us-alibaba-listing-hongkong/alibaba-shares-trading-7-7-higher-in-hong-kong-debut-idUSKBN1Y004A >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. At Tuesday’s listing ceremony, CEO Daniel Zhang noted Alibaba's Hong Kong debut had been a long time coming.