Alibaba surges past US$90 in debut trading

Sat, Sep 20, 2014 - 12:00 AM

New York

ALIBABA Group Holding's shares rose as much as 46 per cent on their first day of trading on Friday, lifting the Chinese online retailer's value to US$244 billion. The company's initial public offering, on track to be the biggest ever if underwriters exercise their option to sell

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