{"id":41744,"date":"2019-11-29T07:22:22","date_gmt":"2019-11-29T07:22:22","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41744"},"modified":"2019-11-29T07:22:22","modified_gmt":"2019-11-29T07:22:22","slug":"alibaba-has-gained-nearly-14-since-its-hong-kong-debut","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41744","title":{"rendered":"Alibaba has gained nearly 14% since its Hong Kong debut"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">Hong Kong (CNN Business)<\/cite>Alibaba&#8217;s newly listed Hong Kong shares got off to a rough start Friday, but the stock is still on pace for double-digit gains this week.<\/p>\n<div class=\"zn-body__paragraph speakable\">Shares of the Chinese e-commerce company are now trading at 199.80 Hong Kong dollars ($25.52) each. That&#8217;s slightly lower than Thursday&#8217;s close, but still nearly 14% higher than what the shares were priced at when Alibaba <a href=\"https:\/\/edition.cnn.com\/2019\/11\/25\/investing\/asian-market-latest-alibaba-stock\/index.html\" target=\"_blank\">first started trading<\/a> in Hong Kong on Tuesday.<\/div>\n<div class=\"zn-body__paragraph speakable\">The public offering has been a big <a href=\"https:\/\/edition.cnn.com\/2019\/11\/14\/investing\/asian-market-latest-alibaba-hong-kong\/index.html\" target=\"_blank\">boost of confidence<\/a> for the Asian financial hub, which has been rattled by months of protests. Alibaba&#8217;s secondary listing could raise <a href=\"https:\/\/www.cnn.com\/2019\/11\/20\/investing\/alibaba-hong-kong-shares\/index.html\" target=\"_blank\">as much as $12.9 billion<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong (CNN Business)Alibaba&#8217;s newly listed Hong Kong shares got off to a rough start Friday, but the stock is still on pace for double-digit gains this week.Shares of the Chinese e-commerce company are now trading at 199.80 Hong Kong dollars ($25.52) each. That&#8217;s slightly lower than Thursday&#8217;s close, but still nearly 14% higher than&hellip;<\/p>\n","protected":false},"author":10,"featured_media":41745,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-41744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41744"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/41745"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}