Ali or excluded from Hong Kong stock market? Response: Don’t comment on market rumors

At noon on February 11th, in response tomedia reports that “Ali has been excluded from Hong Kong shares”, Ali officials responded by not commenting on market rumors. Earlier, according to Bloomberg, Alibaba may be excluded from the Hong Kong stock market. Citic Securities has previously said that Alibaba’s listing on the Hong Kong Stock Exchange will show strong market value and attractiveness, the Hong Kong Stock Exchange Chief Executive Li Xiaoga also said that in the future will open Alibaba Hong Kong stock channels to further expand market liquidity.

However, according to the current “Shanghai-Hong Kong Port-china Business Implementation Measures” and “Shenzhen-Hong Kong-Hong Kong-Hong Kong-Hong Kong-Hong Kong-Hong Kong Business Implementation Measures” provisions, although Alibaba has been selected in the Hang Seng Composite Large-cap index, but as a dual-stock under different structures of the secondary listed companies, Ali still needto meet the listing of 6 months plus 20 Hong Kong stock trading days requirements to be included in the Hong Kong stock exchange benchmark discussion.

The Hang Seng Index company will conduct a systematic review every six months, a single review will take about 8 weeks, if no special review is initiated, Alibaba will be included in the discussion as soon as June this year, to the end of August to announce the results, to September officially entered the Hong Kong stock market channel.

Ali or excluded from Hong Kong stock market? Response: Don't comment on market rumors