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Alibaba shares rise 7.7% in Hong Kong stock market debut

Updated : November 26, 2019 08:14 AM IST

Alibaba is the fifth most-traded company in New York this year, averaging $2.6 billion a day, according to Refinitiv data.
At Tuesday’s listing ceremony, CEO Daniel Zhang noted Alibaba's Hong Kong debut had been a long time coming.
Alibaba shares rise 7.7% in Hong Kong stock market debut

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