Alibaba (BABA) to Explore Plan to List Shares in China - WSJ

(Updated - March 15, 2018 8:22 AM EDT)

Alibaba (NYSE: BABA) is working on a plan to list on a stock exchange in China, according to the Wall Street Journal. A secondary listing in China could happen as soon as this summer if the country's securities rules are changed to allows listings of foreign companies, the report said.

Alibaba is incorporated in the Cayman Islands and trades on the NYSE.

You May Also Be Interested In

• Varonis Said To Weigh Sale After Takeover Interest - Bloomberg
• MSCI upgrades Bulgaria to Frontier, flags Indonesia and Turkey risks
• Honeywell Aerospace to Join S&P 500 & S&P 100; Others to Join S&P MidCap 400 and S&P SmallCap 600