Experts interpret Ali's double major listing Cui Lili: or the trend of dual listing of domestic new economic enterprises in Hong Kong appears

Cover Journalist Ouyang Hongyu

On July 26, Alibaba issued an announcement saying that the company's board of directors has authorized the company's management to apply for the main listing status on the main board of the Hong Kong Stock Exchange. After the Hong Kong Stock Exchange completed the audit process, Alibaba will double the main listing on the main board of the Hong Kong Stock Exchange and the New York Stock Exchange.

How does it affect Alibaba's business after the listing of doubles in Hong Kong? What does it mean for the domestic Internet industry?

Cui Lili, executive director of the Institute of Electronic Commerce of Shanghai University of Finance and Economics, believes that this move will bring a greater leading and driving role to domestic Internet companies. In the future, a series of domestic new economic format listed companies go to Hong Kong's double listing.

In Cui Lili's view, Alibaba's pursuit of double listing reflects its optimistic attitude towards the future market development of Greater China. Scope. At the same time, the characteristics of dual listing methods can also be used between the two markets, which can also help avoid the single and significant impact of the market value of the US stock market on the market value of the enterprise. To a certain extent, it can reduce the impact of the risk of the financial market. Make the company's market value more stable.

"Pursuing listing in Hong Kong actually expresses the firm determination of Alibaba and the Greater China region." Cui Lili believes that the confidence in Hong Kong stock investment, especially in the future development of Internet platform companies in the Hong Kong stock market, and the country in China. The policy direction of the development of new economic business enterprises has expressed a good signal. After listing in Hong Kong, Alibaba will further increase investment in various advantages and strategic areas, based on Greater China, radiate the world, and seek better business performance and market performance.

Talking about Alibaba's impact on domestic Internet companies, Cui Lili mentioned that this will bring a greater leading and driving role. On the one hand, Alibaba's direction can make an example for other similar companies to a certain extent. On the other hand, from Ali's actions for dual listing, we can also see that as a leading company in the industry, the expectations of the future development and Hong Kong stock financial markets in China As well as policies, other companies usually use this as a reference. From this perspective, a series of domestic new economic format listed companies go to Hong Kong's double listing trend.

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