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.
from Reuters: Business News https://ift.tt/2DiKzNz
Monday, November 25, 2019
US sues ship firms for $100m over Baltimore bridge crash
The Justice Department said repair costs should be carried by the companies responsible, not US citizens. from BBC News https://ift.tt/z1K...
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