Will Alibaba's Hong Kong stock get a primary listing?

In a statement Tuesday, the Chinese tech giant said that its board had approved an application to upgrade its Hong Kong stock to a primary listing, which it expects to take place by the end of this year. Alibaba (BABA) already has a primary listing in New York, where its shares have traded on the New York Stock Exchange since a massive IPO in 2014.

What was the 52-week low for Alibaba stock?

The low in the last 52 weeks of Alibaba stock was 58.02. According to the current price, Alibaba is 152.71% away from the 52-week low. What was the 52-week high for Alibaba stock? The high in the last 52 weeks of Alibaba stock was 121.30. According to the current price, Alibaba is 73.04% away from the 52-week high.

Is Alibaba stock a good buy?

Alibaba stock has received a consensus rating of buy. The average rating score is and is based on 57 buy ratings, 3 hold ratings, and 1 sell ratings. What was the 52-week low for Alibaba stock? The low in the last 52 weeks of Alibaba stock was 58.02. According to the current price, Alibaba is 152.71% away from the 52-week low.

How big is Alibaba's Hong Kong deal?

Alibaba’s Hong Kong deal is technically small versus its $476 billion market capitalization and it will dilute existing shareholder by just 2.8%, the company calculates. [nL4N27T2DL] WHY NOT LIST IN SHANGHAI OR SHENZHEN? Alibaba is essentially too big for its home market.