Alibaba-SW: Voluntarily converted to dual primary listing on the Hong Kong Stock Exchange
According to the news from Zhitong Finance and Economics APP, Alibaba-SW announced that on August 28, 2024, the company voluntarily converted its secondary listing on the Hong Kong Stock Exchange to a primary listing. Upon the effective date, the company will have dual primary listings on the Hong Kong Stock Exchange and the New York Stock Exchange, and the stock symbol "S" will be removed from the company's stock abbreviation on the Hong Kong Stock Exchange's Hong Kong dollar and Renminbi counters. This voluntary conversion to dual primary listings does not involve the company's new stock issuance and/or financing
According to the news from Zhitong Finance and Economics APP, Alibaba-SW (09988) announced that on August 28, 2024, the company voluntarily converted its secondary listing on the Hong Kong Stock Exchange to a primary listing, which will take effect. Upon the effective date, the company will have dual primary listings on the Hong Kong Stock Exchange and the New York Stock Exchange, and the "S" marker will be removed from the company's stock symbol on the Hong Kong Stock Exchange in both Hong Kong dollars and Renminbi counters. This voluntary conversion to dual primary listings does not involve any new share issuance and/or financing for the company