Alibaba'S Listing In Hongkong Second Is Not Big.

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< p > Hongkong media: the officials of the HKMA said that the two listing of Alibaba in Hong Kong was not a big problem, as long as it amended the joint policy statement on listing overseas companies.

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< p > in view of the previous issue of whether a href= "//www.sjfzxm.com/news/index_c.asp" > Alibaba < /a > can be returned to Hong Kong for second listing, yesterday, a Hongkong Monetary Authority official pointed out that Ali's return to Hong Kong's second listing was actually feasible and without modification of the legislation.

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< p > at present, Alibaba has decided to go public in the United States. Recently, some people suggested that Hongkong should make efforts to turn the tide, so that Ali could be listed in Hong Kong in the form of second listing.

HKMA officials told the Hongkong daily news that Ali's second listing in Hong Kong was not "out of the way". Although the joint policy statement on the listing of overseas companies required the second listed applicants to be outside the Greater China region, the innovative companies need not fulfill this rule, and the Alibaba can make the listing of the Alibaba second in Hong Kong.

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< p > a partner of an accounting firm questioned the fact that Ali had little effect on Hong Kong's second listing and contributed little to the value of the Hong Kong stock market.

He said that the exemption granted by the HKEx was mainly related to the failure of the listed applicants to meet individual requirements within a specified period of time. However, Ali's case involved the fundamental issue of "different rights of the same stock", and the exemption would cause great controversy in the market.

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< p > < strong > what is the second listing? < /strong > < /p >.

< p > refers to the same type of stock listed in both places, and through international custodian banks and securities brokers to achieve cross market circulation of shares.

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< p > What are the terms listed in Hongkong that limit the listing of Ali second? < /p >

< < p > > the joint policy statement on listing of overseas companies, which came into effect last year, stipulates that "second of the overseas listed companies whose core business is located in the Greater China region will not be granted". In short, all overseas listed Chinese enterprises will not apply for second listing in Hong Kong if their business bases, management and income are mainly from China. Therefore, a Chinese company, such as Baidu and Sohu, which has already gone to the us to raise funds, must first withdraw from the us a href= "//www.sjfzxm.com/news/index_s.asp" > market /a and apply for the first listing in Hong Kong.

Ali clearly does not meet this requirement.

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