Alibaba says the `future of Hong Kong remains bright` as it kicks off share sale
(WorldNews Business)

Hong Kong`s financial markets are getting a boost of confidence from Alibaba`s multibillion-dollar public offering. The Chinese e-commerce company, founded by billionaire entrepreneur Jack Ma, said Friday it would begin selling shares to retail investors for up to $188 each. It began selling to institutional investors earlier this week, and it expects to price...