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Thursday, Oct 29, 2020

Shares of Alibaba surge for a second day, see nearly 10% gains from their list price

Shares of Alibaba surge for a second day, see nearly 10% gains from their list price

Alibaba stock in Hong Kong rose 2.99% on Wednesday, adding to its first day gains of 6.6% on Tuesday. That puts the current stock price around 9.6% above the initial listing price of 176 Hong Kong dollars (approx. $22.48) per share.
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