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Asia stocks set to trade higher; Alibaba to make blockbuster debut in Hong Kong

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Stocks in Asia were set to trade higher at the open on Tuesday following record finishes overnight on Wall Street.

Investors will be watching for Alibaba's Hong Kong debut today, set to start trading around 9:30 a.m. HK/SIN, in what could be the largest IPO so far this year.

Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 23,435 while its counterpart in Osaka was at 23,420. That's compared to the

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