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Alibaba applied for dual primary listing, is it a wise strategy?
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Chinese tech giant $Alibaba (BABA.US)$said it would apply for a dual primary listing in Hong Kong, the first big company to take advantage o Show More
Chinese tech giant $Alibaba (BABA.US)$said it would apply for a dual primary listing in Hong Kong, the first big company to take advantage of a rule change allowing high-tech Chinese firms with dual-class shares to seek dual primary listing.
Chief Executive Daniel Zhangsaid the dual listing would foster a"wider and more diversified investor base." And it also allows Alibaba to apply for the Stock Connect scheme that will permit Chinese mainland investors to buy the company's shares more easily.
Do you think the move will be beneficial to the company?
Do you know the differences between Dual Primary Listingand Secondary Listing

Share your opinion:
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