Hang Seng indexes to include Alibaba-W
This move further enhances mainland Chinese investors' access to its shares.
Several Hang Seng indexes are set to include Alibaba Group's secondary listing, Alibaba-W, following its recent eligibility for the Southbound Stock Connect.
The inclusion, triggered by the fast entry rule, will take effect after the market closes on 25 October, with changes officially implemented on 28 October.
Alibaba will be added to the Hang Seng Stock Connect Hong Kong Index, Hang Seng China (Hong Kong-listed) 25 Index, Hang Seng SCHK Artificial Intelligence Theme Index, Hang Seng SCHK China Technology Index, and the Hang Seng SCHK New Economy Index.
This move underscores Alibaba's growing role in the Hong Kong market and further enhances mainland Chinese investors' access to its shares.