Aug 09, 2022 06:04 PM (GMT+8) · EqualOcean
The Hong Kong Stock Exchange confirmed Alibaba's ( Chinese: 阿里巴巴, BABA:NYSE) application for a primary listing in Hong Kong in accordance with a change of listing status guidance letter on August 8, with the effective date expected to be before the end of 2022. Alibaba issued an announcement announcing the submission of an application to the Hong Kong Stock Exchange to add Hong Kong as a primary listing on July 26. Alibaba announced its fiscal year 2023 first quarter results, which showed that Alibaba's fiscal Q1 revenue was CNY 205.56 billion (USD 30.4billion), down 1% year-on-year, with an estimated CNY 203.97 billion.