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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