The Chinese tech giant's shares are already traded on both U.S. and Hong Kong exchanges, but the listing in Hong Kong is a secondary one.
have dual primary listings in Hong Kong and the U.S., and have both been included in the stock connect scheme.
A China Renaissance report from January noted that, based on historical data, the turnover and velocity of companies with a secondary listing in Hong Kong are much lower than that for ADRs in the U.S. ADRs are American depositary receipts, which serve as proxies for shares of foreign companies that list in the U.S.U.S.-China dispute over accounting issuesU.S. and Chinese regulators have been working to resolve an audit dispute that has threatened U.S.-listed Chinese companies with delisting.
"In case something goes really wrong … Alibaba can shift its primary listing status back to Hong Kong and still enjoy a reasonable liquidity in terms of stock trading," he said.— CNBC's Evelyn Cheng contributed to this report.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Alibaba to Pursue Primary Listing in Hong KongAlibaba will pursue a primary listing of its stock in Hong Kong, hedging its bets as regulatory pressure on Chinese companies grows on both sides of the Pacific
続きを読む »
Alibaba to Pursue Primary Listing in Hong KongAlibaba will pursue a primary listing of its stock in Hong Kong, hedging its bets as regulatory pressure on Chinese companies grows on both sides of the Pacific
続きを読む »
Breakingviews - Alibaba dual play is open sesame to China buyersThere’s a certain magic to governance tweaks that boost market value by $12 billion instantly. Alibaba’s Tuesday announcement that it will upgrade its Hong Kong listing to primary status alongside its New York one did just that with an initial 5% bounce. That paves the way for the $273 billion Chinese e-commerce titan to be included in the trading link between Hong Kong and mainland bourses, allowing investors in Shanghai and Shenzhen their first chance to buy shares directly.
続きを読む »
Bride ready to contribute with A’s after lengthy stint on injured listA promising prospect makes his long-awaited return on Monday night.
続きを読む »
World's oldest giant panda in captivity dies at 35The world’s oldest male giant panda in captivity and under human care has died. “An An lived a full life that ended at the respectable age of 35 – the equivalent of 105 years in human age,” Hong Kong’s Ocean Park said.
続きを読む »