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Market Rumors: Alibaba, Ghana, NY State Pension Fund

By Chelsea Naso (September 11, 2014, 3:04 PM EDT) -- Salespeople at the banks tasked with handling Alibaba Group Holding Ltd.'s record-breaking initial public offering are pitching the shares as a bargain, Dow Jones reported Thursday, citing people familiar with the sale. Stockbrokers, citing their banks' stock analysts, have reportedly told clients they could get shares in the Chinese e-commerce giant at a discount, roughly 20 percent to where shares of Chinese Internet rival Tencent Holdings Ltd. are trading, a prospect that could translate into a tidy profit for investors who get in on the offering, the report said....

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