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Alibaba applies for primary listing in Hong Kong
On 26 July, Alibaba Group Holding Limited announces that its board of directors has authorized the Company’s management to apply for a primary listing on the Main Board of Hong Kong Stock Exchange.
After completion of the primary listing process, which is expected to occur prior to the end of 2022, Alibaba will become a dual-primary listed company on the New York Stock Exchange in the form of American Depositary Shares (“ADSs”) and on the Hong Kong Stock Exchange in the form of ordinary shares.
From this topic, you will learn
✅Understand the diversified channels of cross-border investment in mainland China
✅Understand what is the purpose of the dual primary listing of Chinese stocks
The key point and your take-away from this case study 'Alibaba applies for primary listing in Hong Kong'. Your learning combines both language skills and market knowledge.
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