Alibaba to pioneer paperless listing in break with Hong Kong norm

HONG KONG (Reuters) - Alibaba's planned $13.4 billion (£10.47 billion) share sale will be Hong Kong's first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.Companies carrying out initial public offerings in Hong Kong have traditionally placed prospectuses in banks, which would often stay open late or over the weekend, and investors would fill out paper forms to place their stock..