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September 01, 2020 1:29pm
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Chinese Exchanges to Include Alibaba in Stock Connect Scheme


Starting this week, Shanghai and Shenzhen stock exchanges will include Alibaba and other companies in the Stock Connect cross-border investment scheme. This significant development for investors and financial markets alike will ensure that the Shenzhen and Shanghai exchanges link up with the Hong Kong stock exchange in a more seamless financial network.

So, what significance does this hold? To begin with, Alibaba Group Holding Ltd. (NYSE: BABA)‘s inclusion in the scheme is a game-changer for investors and the broader financial landscape. The tech behemoth has now officially been added to a program allowing investors in mainland China to trade shares of…

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