HAFG HOLISTIC ASSET FINANCE GROUP CO

Alibaba constituent shares of MSCI China and other related indices will be converted from ADR to Hong Kong listed shares.

In the MSCI China and related composite index, Baba converted ADR, which is listed on the New York Stock Exchange, into listed common stock, according to the MSCI Inc. announcement. According to MSCI's index compilation method, Alibaba has met the requirements for the conversion of foreign listed shares into locally listed shares; this conversion has a neutral impact on the market. The conversion takes effect on May 28th as part of the MSCI semi-annual index evaluation.

05-13-2021 08:10:00