Shares in a Hong Kong media group began to rally before the announcement that Alibaba, the Chinese e-commerce giant, had reached an $804 million deal to buy control of the company.

Source: http://rss.nytimes.com/c/34625/f/640387/s/38165d88/sc/2/l/0Ldealbook0Bnytimes0N0C20A140C0A30C120Cshares0Erise0Eeven0Ebefore0Ealibaba0Emakes0Edeal0C0Dpartner0Frss0Gemc0Frss/story01.htm

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