Alibaba (1688.HK) December Update

Hangzhou-based Alibaba Group's business-to-business (B2B) e-commerce subsidiary Alibaba.com Ltd. (1688.HK) began trading on the Hong Kong Stock Exchange's main board on November 6. The shares debuted at HK$30 and ended the day at HK$39.50, up substantially from its initial public offering price. JLM Pacific Epoch surveyed 1,000 Gold Suppliers in the first two weeks of December to get a better understanding of customer satisfaction, spending, discounts, and other trends in China's rapidly growing B2B marketplace.