Alibaba’s shares climb almost 8% in their first morning of trading on the Hong Kong stock exchange – TechCrunch
Alibaba share price increased as much as 7.7% during its first morning of trading on the Hong Kong Stock Exchange. Soon after the market opened, the shares climbed from their listing price of HKD $176 (a 2.9% discount from their closing price on the New York Stock Exchange on Tuesday) to HKD $189.50. Each of…