Tue, 21-Oct-2025

Alibaba shares soar more than 6 percent

Alibaba shares soar more than 6% on Hong Kong debut

Shares in Chinese online retail giant Alibaba surged more than six percent on their Hong Kong debut Tuesday, after raising at least $11 billion in the city´s biggest IPO in nearly a decade. Alibaba, which already is listed in the United States, had set the price for each share at HK$176, but the stock jumped … Read more

Jack Ma announces Alibaba retirement with rock star performance

jack ma

The Chairman of the well-known e-commerce company Alibaba Jack Ma, has announced his retirement and gave a wonderful rock star performance at the company’s 20th anniversary party in Hangzhou, China. Jack Ma was also celebrating his 55th birthday, he gave his best performance by playing the guitar as well as singing the song and won … Read more