Alibaba to seek primary listing in Hong Kong, adding to NYSE

Alibaba to seek primary listing in Hong Kong, adding to NYSE

2 years ago
Anonymous $33nAR-2OaA

https://apnews.com/a0e66aafc3505ec545e55f2ad41cebb0

HONG KONG (AP) — Alibaba, China’s biggest e-commerce company, said Tuesday that it would apply for a primary listing in Hong Kong.

The listing is expected to be completed by the end of 2022, which would make Alibaba a dual-primary listed company on the New York Stock Exchange and the Hong Kong Stock Exchange.