The Digital Source For China's Tech Innovation Since 2000

Search
Close

Alibaba to Pursue Primary Hong Kong Listing

July 27, 2022
Source: wwd.com wwd.com
News Snapshot:
SHANGHAI — Alibaba on Tuesday revealed plans to seek a primary listing on the Hong Kong Stock Exchange. The Chinese e-commerce giant will keep its listing in New York. The listing will help Alibaba access more Chinese and Asia-based investors and seek capital infusion via the Shenzhen- Hong Kong Stock Connect program, which links the mainland China market to Hong Kong. With growing tension between Beijing and Washington, Chinese companies listed on the New York Stock Exchange might be forced to delist if a negotiation falls apart that allows U.S. regulators to review Chinese firms’ financial audits. Alibaba would also...
Go To Original Source →
Tags: Alibaba | Ant Group | ASIA | Beijing | capital | China | Chinese | crackdown | delist | e-commerce | Economy | finance | Guangdong | Hong Kong | ipo | Li Keqiang | New York | online payment | online shopping | revenue | Shanghai | Shenzhen | stock exchange | technology | Washington

Other Related News:

Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of "high-tech axis of crypto crime"

January 19, 2023

Bitzlato crypto exchange founder charged with illegal transfers of $700 million

January 19, 2023

Big Tech braces for dismal profits, more job cuts

January 19, 2023

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

January 19, 2023

A Drive to Understand National Capabilities in Critical Technologies The New York Times

January 19, 2023

Texas universities ban TikTok

January 19, 2023

Law Firm Investigating Diablo Immortal For False Advertising

January 19, 2023

PREVIEW-Big Tech braces for dismal profits, more job cuts

January 19, 2023

Formula 1 Carbon Footprint Slammed After 2023 Calendar Release

January 19, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter