Alibaba in solid Hong Kong debut, trades at small premium to New York

Alibaba in solid Hong Kong debut, trades at small premium to New York

4 years ago
Anonymous $6AJGTL-6_8

https://www.reuters.com/article/us-alibaba-listing-hongkong/alibaba-in-solid-hong-kong-debut-trades-at-small-premium-to-new-york-idUSKBN1Y004A

Alibaba Group's Hong Kong shares made a solid debut on Tuesday, trading 6.9% higher than their issue price and at a small premium to pricing in New York after marking the world's largest stock sale this year.