Sina Hong Kong Stock News reported on November 26 that Alibaba officially went public on the Hong Kong stock market. Alibaba's US stock rose 1.99% overnight. The final price was 190.44 US dollars, equivalent to HK$186.3146 for Hong Kong stocks, up 5.86% compared to the Hong Kong stock offering price. Today, Alibaba's Hong Kong stock market opened 6.25% higher at a price of HK$187, with a total market capitalization of HK$399.93 billion, exceeding Tencent's market capitalization of HK$3257.3 billion. Currently, the total market capitalization is 511 billion US dollars, ranking among the 7th largest companies in the world, exceedingTencent Holdings100 billion dollars.

Among them, the company with the largest market capitalization is Apple, with a market capitalization of 1183.6 billion US dollars; the second largest company by market capitalization is Microsoft, with a market capitalization of 1153.7 billion US dollars. Google is third, with a market capitalization of over 900 billion US dollars; Ali is seventh, with a market capitalization of 511 billion US dollars; Tencent is eighth, with a market capitalization of 413.5 billion US dollars.