HONG KONG (Nikkei Markets) -- Shares of Chinese e-commerce major Alibaba Group Holding climbed 4.5% at a gray market venue in Hong Kong on Monday ahead of their debut on the stock exchange's main board on Tuesday.
The stock closed at 184 Hong Kong dollars on a platform run by Phillip Securities Group, compared with an offer price of HK$176. It rose as high as HK$185 during the session. About 1.7 million shares changed hands.
