Alibaba raises up to $12.9 billion in landmark Hong Kong listing
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HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group raised up to $12.9 billion (£10 billion) in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale.The deal will be seen as a boost to Hong Kong following more than five months of anti-government protests and its recent slide into its first recession in a decade.Alibaba said in a statement it had priced the shares at HK$176 ($22.49) each, a discount..