Alibaba vows to work for dual-listing


Source: china.org.cn china.org.cn

Key Topics in this News Article:

News Snapshot:

Photo taken on July 3, 2020 shows the view of the R&D center of Alibaba in Shanghai. [Photo/Xinhua] Alibaba Group Holding Ltd said on Monday it will work to maintain its listing status on both the New York Stock Exchange and the Hong Kong stock exchange after the US securities regulator added the tech heavyweight to a list of Chinese mainland companies that face possible delisting. More US-listed Chinese mainland companies are likely to seek a dual primary listing on the Hong Kong bourse in the future, given that uncertainties abound in overseas capital markets and the audit oversight is...