Update on Alibaba - Can 2025 bring the Turnaround?
Hey guys!
I’ve received some messages regarding an update on Alibaba. The Q2 results didn’t deliver much news; however, there have been multiple interesting developments in the last few days!
These developments could cause Alibaba to gain some traction in the next months and give hope for a better 2025.
There are 3 main Developments (+Q2 Results). We’ll quickly discuss each:
Hong Kong Primary Listing
Alibaba upgraded its Hong Kong listing to primary status on Wednesday. This means that Alibaba is now open to Investors from China mainland. This plan was originally announced in 2022, but the worsening regulatory environment delayed implementation.
This has now changed (more on the regulatory environment in the next point). As a primary listing, it will be part of Smart Connect. A stock program that enables investments not only from Hong Kong but also from Shanghai and Shenzhen.