Alibaba Gains $8 Billion in Market Value as Shares Join Stock Connect Program

Mainland Chinese investors can now directly trade Alibaba’s Hong Kong-listed shares, boosting liquidity and potential capital inflow.

Alibaba's Hong Kong-listed shares surged 4.2%, adding $8 billion in market value.
Mainland Chinese investors can now trade Alibaba shares through the Stock Connect program.
The inclusion is expected to enhance liquidity and attract significant capital inflow.
Alibaba's market cap now stands at approximately $202 billion.
Despite recent gains, Alibaba's shares remain 70% below their 2020 peak due to regulatory challenges and market conditions.