Once the conversion completes, the Company will become a dual primary listed on the Hong Kong Stock Exchange and the New York Stock Exchange (NYSE) and the stock marker “S” will be removed from our stock short name on HKEX … Alibaba announced on July 26 to seek the dual primary listing in Hong Kong, an attempt for allowing its shares continue to be traded even if it fails to avoid of being delisted from the U.S … ‘Alibaba CEO Daniel Zhang said the decision to add Hong Kong as another primary listing venue was made to Foster a wider and more diversified Investor base to share in Alibaba’s growth and future, especially from China and other markets in Asia.
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