Alibaba's constituent stocks of MSCI China and other related indices will switch from ADR to Hong Kong-listed shares

MSCI Inc. announced that in the MSCI China and related composite indices, Baba will convert ADR listed on the New York Stock Exchange to common stock listed on the New York Stock Exchange. According to MSCI's index compilation method, Alibaba has met the requirements relating to the conversion of foreign-listed stocks into locally listed stocks; this conversion has a neutral impact on the market. The conversion took effect on May 28 and is part of MSCI's semi-annual index evaluation.

新浪財經May 13, 2021 08:10