Alibaba Shares Spike Over 4% In Hong Kong After Stock Connect Programs Give Mainland China Investors Greater Access
Alibaba Shares Spike Over 4% In Hong Kong After Stock Connect Programs Give Mainland China Investors Greater Access
Effective Sept. 10, the inclusion was confirmed by announcements from both the Shanghai Stock Exchange and the Shenzhen Stock Exchange. This development is expected to enhance liquidity and broaden the investor base for Alibaba's shares.$Alibaba (BABA.US)$ saw its Hong Kong-listed shares rise by 4.28% on Monday. The surge followed the inclusion of its ordinary shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs.
$阿里巴巴 (BABA.US)$ 周一，其在香港上市的股票上涨了4.28％。上涨是在其普通股被纳入沪港通和深港股票互联互通计划之后出现的。
What Happened: The company's shares were trading at HK$81.65 after the announcement. The inclusion means that eligible investors in Mainland China can now directly trade Alibaba's ordinary shares listed on the Hong Kong Stock Exchange.
发生了什么：宣布后，该公司的股票交易价格为81.65港元。这一纳入意味着中国大陆的合格投资者现在可以直接交易阿里巴巴在香港证券交易所上市的普通股。
The Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs facilitate mutual market access between Mainland China and Hong Kong. These programs allow Mainland Chinese investors to trade eligible Hong Kong shares and vice versa, subject to daily quotas.
沪港通和深港股票互联互通计划促进了中国大陆和香港之间的相互市场准入。这些计划允许中国大陆投资者交易符合条件的香港股票，反之亦然，但须遵守每日配额。
Effective Sept. 10, the inclusion was confirmed by announcements from both the Shanghai Stock Exchange and the Shenzhen Stock Exchange. This development is expected to enhance liquidity and broaden the investor base for Alibaba's shares.
自9月10日起，上海证券交易所和深圳证券交易所的公告均确认了这一纳入。这一发展预计将增加流动性并扩大阿里巴巴股票的投资者基础。
Why It Matters: Alibaba's inclusion in the Stock Connect programs is a significant milestone, potentially bringing billions in investment from approximately 200 million mainland-based investors.
为何重要：阿里巴巴加入股票互联互通计划是一个重要的里程碑，有可能从大约20000万大陆投资者那里带来数十亿美元的投资。
This development follows Alibaba's recent strategic moves, including a collaboration with $MasterCard (MA.US)$ Inc. (NYSE:MA) to offer new perks for U.S. business owners. This partnership aims to attract businesses for cross-border and domestic sourcing purchases through Alibaba.com.
这一事态发展遵循了阿里巴巴最近的战略举措，包括与阿里巴巴的合作 $万事达 (MA.US)$ Inc.（纽约证券交易所代码：MA）将为美国企业主提供新的福利。该合作伙伴关系旨在吸引企业通过阿里巴巴进行跨境和国内采购采购。
Additionally, Alibaba has been expanding its presence in the U.S. market with the launch of a new AI-powered sourcing tool, designed to simplify the sourcing process for American buyers.
此外，阿里巴巴推出了由人工智能驱动的新采购工具，旨在简化美国买家的采购流程，从而扩大其在美国市场的影响力。
Furthermore, Alibaba recently received a clean chit from domestic regulators after over three years of antitrust scrutiny, which positively impacted its stock.
此外，经过三年多的反垄断审查，阿里巴巴最近收到了国内监管机构的断然拒绝，这对阿里巴巴的股票产生了积极影响。
Price Action: Alibaba Group Holding Ltd – ADR closed at $81.44 on Monday, marking a gain of 0.32% for the day. In after-hours trading, the stock rose 0.61%. Over the past year, the ADR has declined by 8.20%. However, its Hong Kong-listed shares have seen a significant year-to-date increase of 9.17%, according to data from Benzinga Pro.
价格走势：阿里巴巴集团控股有限公司——周一ADR收于81.44美元，当日涨幅为0.32％。在盘后交易中，该股上涨了0.61％。在过去的一年中，ADR下降了8.20％。但是，根据Benzinga Pro的数据，其在香港上市的股票今年迄今已大幅上涨9.17％。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
这个故事是使用 Benzinga Neuro 创作的，由 Kaustubh Bagalkote 编辑
