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The Alibaba Primary Hong Kong Listing and Investors

July 27, 2022
Source: etfdb.com etfdb.com
News Snapshot:
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 defensively for possible U.S. delisting. It’s estimated that a primary listing in Hong Kong, which requires greater compliance than a secondary listing but brings with it access to Hong Kong’s Stock Connect link to Mainland China, could bring in upwards of $21 billion in new inflows for Alibaba, according to Robin Zhu, analyst at Sanford. C. Bernstein. Having access to the Hong Kong Stock Connect would pave the way...
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