Original title: Pre-market changes: Alibaba's US stocks rose more than 4%, and its Hong Kong stocks are expected to be included in the Hang Seng Index constituent stock selection in August Source: Yingwei Financial Investing.co
Yingwei Financial Investing.com — Before the US stock market on Thursday, US stocks of Chinese e-commerce giant Alibaba (NYSE: BABA) rose more than 4% to $268.51. The company's stock price rose nearly 9% on the previous trading day. By the close of the Hong Kong stock market on Thursday, Alibaba-SW (HK:9988) Hong Kong stocks surged 10% to HK$261.6. The stock price reached a record high.
The Hang Seng Index said on Thursday afternoon that Alibaba's Hong Kong stock market is expected to be included in the Hang Seng Index's constituent stock selection in August.
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(Editor: Chen Han)