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Why did Alibaba choose to list in the US? What are the pros and cons for China?

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阿里目前的治理结构不符合中国当前的治理要求,所以选择了在美国上市,阿里是优秀的互联网企业,在国外上市对中国资本市场来说是很大的损失,管理层也意识到这一问题,目前正在积极修订上市规则。

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Alibaba’s current governance structure does not meet China’s current governance requirements, so it chose to list in the US. Alibaba is an excellent Internet company, and listing overseas would be a huge loss for China’s capital market. The management is also aware of this problem and is currently actively revising the listing rules.

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