BABA shares are convertible to 8 shares of 9988.
by a combined US45 billion in Hong Kong and. Alibaba could become eligible for trading by mainland China-based investors in early 2023 via the Stock Connect program, assuming the company successfully converts to a primary listing in Hong. If you buy Alibaba as 9988 on the Hong Kong Stock Exchange, you own a stake in the VIE directly. Alibaba strengthened 3.6 per cent to HK100.40 and.
ALIBABA STOCK HONG KONG UPDATE
: Joint Announcement - Proposed Privatization of Limited by Alibaba Group Holding Limited by Way of a Scheme of Arrangement (Under Section 86 of the Cayman Islands Companies Law) - Effective Date of the Scheme and Withdrawal of Listing of SharesĪ : Announcement Pursuant to Rule 3.8 of the Hong Kong Code on Takeovers and Mergers in Respect of the Proposed Privatization of the Company by the Offeror by Way of a Scheme of Arrangement - Update of Number of Relevant SecuritiesĪ : Announcement Pursuant to Rule 3.8 of the Hong Kong Code on Takeovers and Mergers in Respect of the Proposed Privatization of the Company by the Offeror by Way of a Scheme of Arrangement - Update of Number of Relevant SecuritieĪ : Announcement Pursuant to Rule 3. to spin off and list two operating units on the stock exchange. Alibaba, listed on New York Stock Exchange since September 2014, is well qualified for a secondary listing in Hong Kong as it is the world’s seventh-largest company, capitalised at US486.8.
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