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Alibaba to conduct primary listing in Hong Kong Stock Exchange

July 28, 2022
Source: techstory.in techstory.in
News Snapshot:
According to various reports, the Chinese tech giant, Alibaba Group Holding Limited, is planning to go for a primary listing on the Hong Kong stock exchange. Alibaba, which is currently listed on New York Stock Exchange and Hang Seng Component Index, is expecting to attract more investors from mainland China by primary listing on Hong Kong Stock Exchange. Earlier this year, Hong Kong Stock Exchange (HKEX) modified its listing rules. The modification would enable Chinese companies who are into the business of internet or similar high-tech products and services could carry out a dual primary listing on the Stock Exchange....
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