E-commerce giant Alibaba’s shares jump 8% in Hong Kong debut

E-commerce giant Alibaba’s shares jump 8% in Hong Kong debut

November 26, 2019 admin 0

HONG KONG (AP) — Chinese e-commerce giant Alibaba’s shares jumped more than 8% in their debut on the Hong Kong stock exchange on Tuesday, an auspicious start at a time when the former British colony is reeling from political unrest.By mid-afternoon Tuesday, Alibaba was trading at 190.45 Hong Kong dollars ($24.33) per share. Its offering…