Alibaba Group is applying for a primary listing in Hong Kong in addition to its New York listing, the platform company said on Tuesday. The company said its board of directors had authorized management to apply for a primary listing on the Main Board of Hong Kong’s stock exchange. After completion of the primary listing process, which it expects before the end of the year, Alibaba will become a dual-primary listed company on the New York Stock Exchange in the form of American Depositary Shares (ADSs) and ordinary shares on the Hong Kong Stock Exchange. Alibaba Group Chairman and Chief…