A logo of Alibaba Group Holding at an exhibition during the World Intelligence Congress in Tianjin on May 16, 2019. Photo: Reuters

Explainer: what is a secondary listing, who qualifies and what does Alibaba’s plan mean for holders of its ADRs?

  • Hong Kong would become Alibaba's primary market if trading on the city's bourse exceeds 55 per cent of global volume
  • That makes the Hangzhou-based company the first to apply for a secondary listing status in Hong Kong under the city’s new listing regulations
Topic |   Explainers: Business

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A logo of Alibaba Group Holding at an exhibition during the World Intelligence Congress in Tianjin on May 16, 2019. Photo: Reuters
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