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.
$阿里巴巴 (BABA.US)$ 阿里巴巴的香港上市股票週一上漲了4.28%。這一激增是由於其普通股被納入了上海-香港和深圳-香港股票通業務。
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.
發生了什麼：公司在公告後的股價爲81.65港元。包含意味着中國內地的合格投資者現在可以直接交易阿里巴巴在香港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.
上海-香港股票通和深圳-香港股票通業務促進了中國內地和香港之間的相互市場準入。這些業務允許中國內地投資者交易合格的香港股票，反之亦然，但受每日額度限制。
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，上述股票通業務的納入已得到了上海證券交易所和深圳證券交易所的公告確認。這一發展預計將增強阿里巴巴股票的流動性，並擴大投資者基礎。
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.
爲什麼重要：阿里巴巴納入股票通業務是一個重要的里程碑，可能帶來來自約2萬萬內地投資者的數十億美元的投資。
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.
這一發展是阿里巴巴最近戰略舉措的延續，包括與 $萬事達 (MA.US)$ 萬事達(NYSE:MA)將爲美國業務人員提供新的特權。此合作旨在通過Alibaba.com吸引企業進行跨境和國內採購。
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，阿里巴巴一直在擴大其在美國市場的存在，推出了一個新的以人工智能驅動的採購工具，旨在簡化美國買家的採購流程。
Furthermore, Alibaba recently received a clean chit from domestic regulators after over three years of antitrust scrutiny, which positively impacted its stock.
此外，在經歷了三年多的反壟斷審查後，阿里巴巴最近獲得了國內監管機構的放行，對其股價產生了積極影響。
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.
價格走勢: 阿里巴巴集團控股有限公司（ADR）週一收盤價爲81.44美元，上漲0.32%。在盤後交易中，股價上漲0.61%。根據Benzinga Pro的數據，過去一年裏，ADR下跌了8.20%。然而，其在香港上市的股票今年以來大幅增長了9.17%。
This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote
這個故事是使用Benzinga Neuro生成的，並由Kaustubh Bagalkote編輯
