Alibaba's Hong Kong-China stock link expected to boost connectivity, attract investment, enhance market value.

From Google: 2024-08-16 12:22:07

Alibaba’s long-awaited Hong Kong-China stock link aims to boost trading activity between the two markets, currently valued at $1.4 trillion. The initiative is expected to enhance connectivity, attract foreign investment, and boost Alibaba’s market value, which now stands at $442 billion. This move follows Alibaba’s recent pledge to invest $15.5 billion in China’s digital economy.



Read more at Google: Alibaba’s Long-Awaited China Stock Link May Provide Timely Boost – Bloomberg