Starting with a bang. Alibaba is up sharply for its first day of trading in Hong Kong. The Chinese Internet giant gained nearly 8% soon after the first exchanges, before stabilizing around 6%. This is the largest IPO in Hong Kong since 2010. Alibaba had already been listed in the United States since 2014.

Who has the biggest? A Ford executive challenged Tesla to compare his Cybertruck with Ford's F-150, the American's favorite pickup. An offer that follows a video posted by Elon Musk on Twitter, in which the Ford and Tesla are connected back to back by a strap and in which the Cybertruck is seen carrying the F-150.

Westpac's troubles. The CEO and the president of the second Australian bank, Westpac, resigned in the wake of heavy charges against the institution for breaches of anti-money laundering obligations. "As CEO, I accept the fact that I am ultimately held accountable for everything that happens within the bank," explained CEO Brian Hartzer, who is taking responsibility after overwhelming discoveries about millions of undeclared transactions. The CFO will take over the reins on an interim basis as of December 2.

Hewlett’s disappointing results. The information technology group Hewlett Packard Enterprise posted a stronger decline in revenues for the last quarter of its fiscal year than anticipated. However, it expects revenue growth this year at constant exchange rates.

Chasing. Intel is looking for buyers for its connected home division, according to Bloomberg. The group has hired a financial advisor to sell this business, which represents sales of approximately $450 million.

AIG sells. American International Group will sell most of its shares in Fortitude Group to Carlyle and T&D Holdings for $1.8 billion.

In other news. Starboard Value, an activist investor, invites itself to the capital of CVS Health. Canadian Alimentation Couche-Tard proposes to buy Australian Caltex Australia for $5.83 billion. The American paint group Ferro Corporation is reportedly for sale, Bloomberg said. BT Group is looking for a third network provider to reduce its dependence on Huawei. Tamedia becomes TX Group. Givaudan will acquire the cosmetics business of Italian company Indena.