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Nov. 29 (NBD) -- With regard to the question when Alibaba's shares will be included in the Stock Connect trading pipes and be accessible to mainland investors, Hong Kong Exchanges and Clearing Limited (HKEX) said Thursday to China Securities Journal that the Stock Connect scheme is yet to open to secondary listing companies with different voting rights structure.

HKEX added that it is looking forward to negotiating with parties concerned in the future.

National Business Daily noticed Hang Seng Index Company on Wednesday evening made a statement saying Alibaba's Hong Kong shares qualify for the fast entry rule for admission into the Hang Seng Composite Index. In addition, the shares will be included in the Hang Seng Composite Industry Index - Information Technology, Hang Seng Composite LargeCap Index, Hang Seng Composite LargeCap & MidCap Index, as well as Hang Seng Internet & Information Technology Index. All changes will take effect on December 9, 2019.

 

Email: gaohan@nbd.com.cn

Editor: Gao Han