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Published 2 years ago

Alibaba gets Hong Kong's approval for a primary stock listing

Summary by Ground News
Alibaba Group Holding Ltd said on Monday night its voluntary conversion to a dual primary listing in Hong Kong has been confirmed by the Hong Kong stock exchange. The e-commerce giant went public in New York in September of 2014 in what was the biggest IPO at that time. Alibaba expected the primary listing to be completed by the end of this year.

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