Chinese stock exchanges add Alibaba into Stock Connect Scheme

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Alibaba stock jumps after inclusion on China's mainland stock exchanges

September 10, 2024 6:46 AM EDT

Alibaba (NYSE: BABA) shares have risen more than 2% premarket Tuesday as investors reacted to the news of its inclusion on China's mainland stock exchanges.

Alibaba announced its inclusion in the Southbound (SB) Connect late on Monday.

It comes after the Chinese e-commerce company upgraded its listing in Hong Kong to primary status last... More