HANGZHOU CITY(REUTERS)
1. ALIBABA SIGN OUTSIDE BUILDING
2. ALIBABA BUILDING
3. PEOPLE STANDING IN FRONT OF STONE BEARING ALIBABA LOGO
4. ALIBABA LOGO ON STONE
5. PEOPLE WALKING IN FRONT OF ALIBABA BUILDING
6. PEOPLE WALKING BY ALIBABA SIGN IN FRONT OF BUILDING
NEW YORK CITY, NEW YORK, UNITED STATES (FILE – SEPTEMBER 19, 2014) (REUTERS – Access all)
7. NEW YORK STOCK EXCHANGE (NYSE) WITH ALIBABA BANNERS / PEOPLE STANDING OUTSIDE
NEW YORK CITY, NEW YORK, UNITED STATES (FILE – SEPTEMBER 19, 2014) (NYSE – ACCESS ALL)
8. TRADERS ON FLOOR OF NYSE WITH ALIBABA LOGO ON SCREENS
9. OPENING BELL ON NYSE FEATURING ALIBABA GROUP
NEW YORK CITY, NEW YORK, UNITED STATES (FILE – SEPTEMBER 19, 2014) (REUTERS – Access all)
10. VARIOUS OF ALIBABA FOUNDER JACK MA STANDING OUTSIDE NEW YORK STOCK EXCHANGE (NYSE) AND POSING FOR CAMERAS
HANGZHOU, ZHEJIANG PROVINCE, CHINA (FILE – OCTOBER 29, 2020) (REUTERS – Access all)
11. VARIOUS OF ANT GROUP SIGN AND LOGO ON BUILDING
12. ROAD IN FRONT OF ANT GROUP CAMPUS
13. ENTRANCE TO ANT GROUP BUILDING / PEOPLE WALKING IN
14. LOBBY OF ANT GROUP BUILDING
15. LOGO OF ANT GROUP
16. PEOPLE WALKING THROUGH LOBBY
17. SIGN READING (English): “ANT”
18. SIGN AND LOGO OF ANT GROUP
STORY: Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday that it would apply for a primary listing in Hong Kong.
The company expects the listing to be completed by the end of 2022, making it a dual primary listed company on HKEX and NYSE.
In a statement, Alibaba CEO Daniel Zhang said the company would pursue the dual listing to foster a “wider and more diversified investor base.”
“Hong Kong is also the launch pad for Alibaba’s globalization strategy, and we are fully confident in China’s economy and future,” Zhang said.
Alibaba listed on the New York Stock Exchange in September 2014, marking what was at the time the largest IPO in history.
It later went on to complete a secondary dual listing in Hong Kong in November 2019.
Since then, the company’s share price has nearly halved, as a sweeping regulatory crackdown by Beijing has battered Chinese tech companies.
