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The listing status upgrade allows Alibaba to be part of a program which would connect the respective bourses in Shenzhen and Shanghai to the Hong Kong stock exchange.
Alibaba then opened a secondary listing in Hong Kong in 2019, raising an additional $13 billion. In 2022, Alibaba’s board applied to upgrade its Hong Kong stock to a primary listing.
Hong Kong portal; This is a list of companies on the Hong Kong Stock Exchange (HKEx), ordered numerically by stock code. The names of the companies appear exactly as they do on the stock exchange listing. This is not an exhaustive list, but reflects the list that appears on HKEx's Hyperlink Directory. [1]
One of China’s main e-commerce giants will be seeking a primary listing in Hong Kong, reported the Wall Street Journal, as Alibaba joins a growing list of Chinese companies positioning ...
Alibaba Group Holding Limited (NYSE:BABA) stock traded higher on Friday as it announced plans to allow mainland investors to start trading through changes to its listing status in Hong Kong. Fund ...
It's been a difficult month for Asian ecommerce giant Alibaba (NYSE:BABA) as investors backed away from the firm amid rising trade tensions between the U.S. and China. As such a high-profile ...
Chinese e-commerce giant Alibaba started trading on the Hong Kong stock exchange under the 9988 stock code on November 26, 2019. The Hangzhou-based company priced its Hong Kong shares at HK$176 ...
The stock is due to start trading on Nov. 26 in Hong Kong, according to a term-sheet seen by Reuters. ... Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing ...