Ali's double -market listing is more important to attract more investors to share growth dividends

The main listing of Ali is conducive to improving the competitiveness of the Hong Kong Stock Exchange

"The two main listings are active measures to bring uncertainty to corporate financing channels for corporate financing channels." While Ali expands listing financing channels, it is conducive to the long -term stable development of the capital market development strategy. This also shows that Ali returns to Asia to a certain extent, allowing more Asian investors who care for Ali to share the strategic determination and positive attitude of Ali's development dividends, which is a positive response to the national capital market development policy.

He believes that objectively speaking, Ali's dual listing will be conducive to the improvement of the competitiveness of the Hong Kong Stock Exchange in the context of fierce competition in the global capital market. The result that can be anticipated is that Ali's main listing in Hong Kong will drive the return of Chinese stocks to the upsurge, drive the active capital market in Hong Kong and Mainland China, and increase the enthusiasm of investment in private capital. This will play an indispensable role in the downward trend of the Chinese economy due to the inhibitory of the epidemic. Therefore, Ali's main listing in Hong Kong at this time is the national interest. Enterprise development and investor returns have paid attention to, and they have won more winning measures.

"I am a company that has a responsibility, dare to act as a responsibility, dare to act as a responsibility, and has won more confidence in national society and consumer investors in the future." Zheng Zhigang said.

Provide mechanism guarantee for Chinese investors to share new economic enterprises growth dividends

Chen Duan, director of the Digital Economy Innovation and Innovation Development Center of the Central University of Finance and Economics, believes that Ali chose to be listed on the double major listing in New York and Hong Kong this time. Ali itself, Ali Ecology related enterprises and related investment entities related to all parties will have a relatively large impact. We first analyze the differences between the two places and the second listing. Double listing means that the two capital markets are the first listings. After listing in the US market, they are issued and listed in accordance with the local market rules in accordance with the local market rules. They are completely consistent with the requirements of companies in Hong Kong IPOs. It can be traded through the Hong Kong Stock Connect. The influence of the market value of the enterprise will help Ali to expand business to other countries outside China and the United States.

Chen Duan said that, from the perspective of the number of overseas consumers or the incremental momentum of local life services, the valuation center that has better correlation with market performance in various places and reduces the risks other than the company's operating performance. The influence is a relatively wise choice.

"For the Hong Kong Stock Exchange, a new economic enterprise of Ali's volume chooses the double listing of the two places instead of simply listing, which will also form a guiding effect." Chen Duan said that if more in the future in the United States, more in the United States The capital market, which is founded by the capital market, chose to return to the dual listing model of the two places. It is also positive for improving the price of Hong Kong's capital market in the new economic field and consolidating Hong Kong as an international financial center.

Reduce the uncertainty of the single market, which helps better protect the interests of investors

From the perspective of Jiang Ping, a professor of the Department of Finance of the School of International Economics and Trade at the University of Foreign Economics and Trade, the choice of double major listing of Chinese stock companies will not affect its listing status in the United States. The listing status of another listing place, under the current international pattern, the double main listing provides more flexibility and reduce the uncertainty of the single market, which will help better protect the interests of investors' interests. Essence

Jiang Ping said that after the implementation of the two major listing, the pricing of China Stocks and US stocks and Hong Kong stocks is independent. It is expected to improve the independent pricing capacity of the Hong Kong securities market, consolidate the status of the Hong Kong international financial center, attract more investors to participate in the Hong Kong market and share Alibaba s future.

"As a high -quality target of the capital market, Ali has always attracted the attention of funds in China and the Asia -Pacific region. Ali chose Hong Kong as a dual major listing place. One is to provide more choices for the Asia -Pacific region and domestic investors. The confidence in the Chinese market, "Jiang Ping said.

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