Alibaba Shares Spike Over 4% In Hong Kong After Stock Connect Programs Give Mainland China Investors Greater Access – Alibaba Gr Hldgs (NYSE:BABA), Alibaba Gr Hldgs (OTC:BABAF)
Alibaba Group Holding BABAF BABA 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. What Happened: The company’s shares were trading at HK$81.65 after the announcement. The inclusion means that eligible investors in Mainland China … Read more
