Chinese Exchanges To Include Alibaba In Stock Connect Scheme

9/13/2024 2:23:50 PM

(MENAFN- Investor Brand Network) Starting this week, Shanghai and Shenzhen stock exchanges will
include Alibaba
and other companies in the Stock Connect cross-border investment scheme. This significant development for investors and financial markets alike will ensure that the Shenzhen and Shanghai exchanges LINK up with the Hong Kong stock exchange in a more seamless financial network.

So, what significance does this hold? To begin with, Alibaba Group Holding Ltd. (NYSE: BABA) 's inclusion in the scheme is a game-changer for investors and the broader financial landscape. The tech behemoth has now officially been added to a program allowing investors in mainland China to trade shares of...

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