Alibaba Rejected For Stock Connect, As Officials Work To Unify Rules

Posted by Fullerton Markets on Feb 18, 2020 9:45:00 PM

The latest list of stocks eligible to trade on the Hong Kong Stock Connect scheme was announced yesterday, and as expected, Chinese e-commerce giant Alibaba Group was not included, despite the company's secondary listing on the Hong Kong bourse in November.

Chief strategist Jimmy Zhu explains why Alibaba's listing reviews and information disclosure are significantly different from other firms in the stock connect program. Read this CGTN exclusive to learn more.