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Chinese Tech Firms Get Trading Boost From Hong Kong Listings – The Wall Street Journal


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Chinese Tech Firms Get Trading Boost From Hong Kong Listings – The Wall Street Journal

Hong Kong is becoming an active center for trading stock in some of China’s largest technology groups, bolstering the case for more secondary listings of U.S.-listed Chinese companies. The city now accounts for nearly a fifth of the shares changing hands by value in Alibaba Group Holding Ltd., after the e-commerce giant’s Hong Kong listing…

Hong Kong is becoming an active center for trading stock in some of China’s largest technology groups, bolstering the case for more secondary listings of U.S.-listed Chinese companies.

The city now accounts for nearly a fifth of the shares changing hands by value in Alibaba Group Holding Ltd., after the e-commerce giant’s Hong Kong listing in November, FactSet data show.

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