Alibaba’s Hong Kong primary listing plan can open the doors to China’s 210 million investors

Alibaba Group Holding is paving the way for China’s 210 million investors to buy a stake in the e-commerce giant as it pushes ahead with a plan for a primary listing of its shares in Hong Kong, Asia’s third-largest stock market.

The process, expected to be completed by end-August, is a prerequisite to be included in the cross-border exchange link programme and will allow the US$400 billion company to leverage on its visibility and investor familiarity in the world’s second-largest economy.

Source: TRADE FINANCE