Alibaba Group Holding Limited, the renowned e-commerce giant, has announced the inclusion of its ordinary shares in the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect programs, effective September 10, 2024. This development, as confirmed by the Shanghai and Shenzhen Stock Exchanges, will allow eligible investors in Mainland China to directly trade Alibaba's shares listed on the Hong Kong Stock Exchange. The Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect are mutual market access mechanisms that facilitate cross-border trading between Mainland China and Hong Kong. Alibaba's American depositary shares are also traded on the New York Stock Exchange under the ticker BABA. The company, which operates under a weighted voting rights structure, has cautioned shareholders and potential investors about the risks associated with such structures. The announcement was made by Alibaba Group's Secretary, Kevin Jinwei ZHANG, on September 9, 2024.

Alibaba Group Holding Limited, the renowned e-commerce giant, has announced the inclusion of its ordinary shares in the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect programs, effective September 10, 2024. This development, as confirmed by the Shanghai and Shenzhen Stock Exchanges, will allow eligible investors in Mainland China to directly trade Alibaba's shares listed on the Hong Kong Stock Exchange. The Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect are mutual market access mechanisms that facilitate cross-border trading between Mainland China and Hong Kong. Alibaba's American depositary shares are also traded on the New York Stock Exchange under the ticker BABA. The company, which operates under a weighted voting rights structure, has cautioned shareholders and potential investors about the risks associated with such structures. The announcement was made by Alibaba Group's Secretary, Kevin Jinwei ZHANG, on September 9, 2024.