Alibaba logo as seen at its headquarters in Hangzhou, China. The e-commerce giant owns about one-third of Ant Group, which is going for a dual listing in Shanghai and Hong Kong. Photo: EPA-EFE
Alibaba logo as seen at its headquarters in Hangzhou, China. The e-commerce giant owns about one-third of Ant Group, which is going for a dual listing in Shanghai and Hong Kong. Photo: EPA-EFE

Alibaba stock rally creates arbitrage room amid widest gap between Hong Kong and New York prices

  • The gap between Alibaba’s shares in Hong Kong and New York on July 21 was the widest since its secondary listing in November
  • Investors have switched into more than 57 million Alibaba shares in Hong Kong over the past eight months, according to exchange data

Alibaba logo as seen at its headquarters in Hangzhou, China. The e-commerce giant owns about one-third of Ant Group, which is going for a dual listing in Shanghai and Hong Kong. Photo: EPA-EFE
Alibaba logo as seen at its headquarters in Hangzhou, China. The e-commerce giant owns about one-third of Ant Group, which is going for a dual listing in Shanghai and Hong Kong. Photo: EPA-EFE
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