News Snapshot:
Alibaba stock jumps after announcing Hong Kong primary listing CNN/Stylemagazine.com Newswire | 7/26/2022, 9:01 a.m. Originally Published: 26 JUL 22 05:06 ET Updated: 26 JUL 22 08:59 ET By Michelle Toh, CNN Business (CNN) -- Alibaba announced a plan to allow more mainland Chinese investors to invest in the stock. In a statement Tuesday, the Chinese tech giant said that its board had approved an application to upgrade its Hong Kong stock to a primary listing, which it expects to take place by the end of this year. Alibaba already has a primary listing in New York, where its shares...
