Alibaba Group announced that its ordinary shares traded on the Hong Kong Stock Exchange will be included in both the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective September 10, 2024. This inclusion will enable eligible Mainland Chinese investors to directly access trading of the company's ordinary shares.The Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are mutual market access mechanisms that allow qualified Mainland Chinese investors to trade eligible Hong Kong shares (Southbound), while Hong Kong and overseas investors can trade eligible A-shares (Northbound), subject to daily quotas. These programs establish technical connectivity between the respective exchanges, facilitating cross-border trading through local securities companies or brokers.

Alibaba Group announced that its ordinary shares traded on the Hong Kong Stock Exchange will be included in both the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs, effective September 10, 2024. This inclusion will enable eligible Mainland Chinese investors to directly access trading of the company's ordinary shares.The Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect are mutual market access mechanisms that allow qualified Mainland Chinese investors to trade eligible Hong Kong shares (Southbound), while Hong Kong and overseas investors can trade eligible A-shares (Northbound), subject to daily quotas. These programs establish technical connectivity between the respective exchanges, facilitating cross-border trading through local securities companies or brokers.