Alibaba's Hong Kong shares rise 6.6% on debut in heavy volume
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HONG KONG (Reuters) - Alibaba Group's Hong Kong shares closed their first trading session up 6.6% from the issue price after this year's largest stock sale.Shares worth HK$13.99 billion (1.39 billion pounds) were traded, according to Refinitiv data, making it the third biggest debut on record for the Hong Kong market.Alibaba is already the fifth most-traded company in New York this year, averaging $2.6 billion a day, Refinitiv data showed.The Chinese e-commerce giant has raised at least $11.3..