Alibaba Group has been listed on the Hong Kong Stock Exchange since November 25, 2019, becoming the first company in China to be listed in both New York and Hong Kong. Alibaba issued a total of 50 million shares in this Hong Kong listing, raising approximately US$11.279 billion. Listing in Hong Kong is an important part of Alibaba's financing and part of the company's global development strategy. This listing provides Alibaba with more financing channels, strengthens the company's connection with global investors, and also injects new vitality into the Hong Kong capital market.

Alibaba Group was listed in Hong Kong in November 2019 at an issue price of HK$176, becoming the world's most valuable technology company at the time. This listing process was part of Alibaba Group's plan as early as 2007, aiming to share the company's growth opportunities with more investors around the world. This listing also marks that Alibaba Group has become the world's first company to be listed in the United States and Hong Kong at the same time, laying a solid foundation for the company's future development in the global market.

Alibaba Group was listed on the Hong Kong Stock Exchange in November 2019 at a value of HK$176 per share, becoming the world's largest initial public offering at the time. The listing raised approximately US$11.2 billion, making it one of the largest IPOs in Hong Kong's history. The listing marks Alibaba's return to China and provides more opportunities for global investors to invest in Alibaba, while also enhancing Hong Kong's status as an international financial center.