Affected by this news, Alibaba's share price in Hong Kong also rose sharply. After the double listing. Ali Hong Kong stocks will usher in the allocation of more international investors. It will bring new liquidity to the Hong Kong stock market. Alibaba's dual main business listing has gradually become the mainstream, and its related companies can better cope with the uncertainty of a single market, thus meeting the changes in the external environment. Relying on the huge domestic market, it is also convenient for investors to enjoy the growth dividend of Alibaba Group. In addition, HKEx is actively reforming to further consolidate and strengthen Hong Kong's position as an international financial center.
Ali's dual listing is different from the secondary listing. The dual listing allows the company to have two primary listings at the same time, and the stocks in these two cities cannot circulate across the market. For the company, the double listing can expand the shareholder base. Improving the influence of Alibaba Group in the global market is conducive to the expansion of Alibaba Group's business to other markets.
At present, China market is still the market for Alibaba Babel's core business, which has created great commercial value for the enterprise's own development. As a platform enterprise, Alibaba is social. Expanding participants can bring innovation to various forms of obligations. It has created a large number of employment opportunities for the society. Alibaba Group not only develops itself, but also integrates into social development. It not only absorbs many recent college graduates, but also has Alibaba's poverty alleviation fund. But also made great contributions to the cause of poverty alleviation in China. Alibaba Group is an enterprise with mutual integration of commercial value and social value.