Alibaba is making Hong Kong a “primary” listing for its shares, paving the way for mainland China investors to trade the stock directly.
The Hong Kong Stock Exchange acknowledged Monday Alibaba's application to convert locally traded shares to primary listing from the current secondary status, according to a filing.Gaining primary status in Hong Kong would make Alibaba eligible for inclusion in a stock connect program with mainland China.is making Hong Kong a"primary" listing for its shares, paving the way for mainland China investors to trade the stock directly.
The Hong Kong Stock Exchange acknowledged Monday Alibaba's application to convert locally traded shares to primary listing from the current secondary status,Stay informed during the severe weather season with our local news and weather