Stock Market News
China’s Alibaba to apply for primary listing in Hong Kong
2022.07.26 03:30
FILE PHOTO: A man walks past the Alibaba Group office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba (NYSE:BABA) Group Holding Ltd said on Tuesday that it would apply for a primary listing in Hong Kong.
The company added it expects the listing to be completed by the end of 2022, making it a dual primary listed company on HKEX and NYSE.