Alibaba Announces Upgrade Of Hong Kong Listing, Aims To Attract Chinese Investors

1/10/2025 4:09:43 AM

(MENAFN- Investor Brand Network) Alibaba Group Holding Ltd. (NYSE: BABA)
recently announced that it will be
upgrading its listing
on the Hong Kong Stock Exchange's main board from Aug. 28, 2024. The move could allow the group, already listed on the New York Stock Exchange, to tap into a new pool of Chinese investors.

The listing upgrade will also make Alibaba a dual-listed company, capable of receiving investment from two of the most robust financial markets on the...

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