Alibaba (BABA) closed at $74.55 in the latest trading session, marking a +1.64% move from the prior day.
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(Bloomberg) -- Major investment banks are asking Hong Kong’s stock exchange to allow companies with a primary listing in the city to do share buybacks and convertible bond sales simultaneously, people familiar with the matter said.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashBump Stock Ban Tossed Out by Supreme Court in Gun