Peel shares in chinese ecommerce giant i mean baba have surged and its hong kong trading dead one of the years most and to support install for things the company which is already traded in the u. S. Raised more than 11000000000. 00 in its secondary listing on tuesday 8 c. B. Shares of ali baba surged almost 8 percent in the 1st few minutes of trading the initial Public Offering of the Online Retail giant is the Worlds Largest so far in 2019 the secondary listing in hong kong gives access to chinese mainland investors it also means that shares could be traded almost around the clock now between hong kong and new york. Was on kenyan saw the occasion of ali babas 20th Anniversary we have argued in an important milestone which is to come home come back to hong kong for the listing. This ali baba celebrated its founder at the event jack ma who started the company in his living room. Ma listed ali baba at the New York Stock Exchange in 2014 and became chinas richest man back then ali baba sa
is valued at full 1000000000 euros and acoa is owned by $44.00 municipalities in the netherlands and is one of the country s largest energy companies and it goes specializes in renewable energy and has about $6000000.00 customers the netherlands belgium and germany. and also some of the other global business stories making headlines today german comicality plans to slash 9 and a half 1000 jobs in germany in the next 5 years it s part of a massive restructuring plan to save billions over the coming decade the job cuts are to be achieved through an early retirements he. said it would continue to hire in areas such as electrical billet and digitization. german economists are expecting a strong holiday season and its monthly consumer climate index german market research group j.f.k. is predicting an increase in consumer confidence of just over one percent for
legal. some of the other global business stories making news folks wagon has defended its production facility in a room she after leaked government dog. he meant shed light on chinese detention camps holding over a 1000000 weavers and other muslim minorities in the region the car makers said it hoped to contribute to the region s development and was closely monitoring the situation there on sunday global media outlets released numerous documents exposing poor conditions in the camps. german car maker audi plans to slash 9 and a half 1000 jobs in germany over the next 5 years it s part of a massive restructuring plan meant to save billions over the coming decade the cuts will take place through an early retirement program audi said it will continue hiring in areas such as electro mobility and digitization. german economists are expecting a strong holiday season and its monthly consumer climate index german market research group g f k predicted an increase in consumer confidence of just