Alibaba CFO: Research on China depository receipts is very active.

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 Alibaba CFO: Research on China depository receipts is very active.


In May 4th, according to Hongkongs South China Morning Post, Wu Wei, the chief financial officer (CFO) of the Alibaba (NYSE:BABA), said it was very active in studying Chinese depository vouchers (CDR). Bloombergs report says there is no timetable and no timetable for the study. Recently, Chinese regulators are considering plans to attract technology giants such as Tencent and Alibaba to return to the domestic stock market. The latest news is that in May 4th, the CSRC drafted the measures for the issuance and transaction management of depository certificates on the basis of the Circular of the general office of the State Council forwarded by the general office of the State Council to carry out a number of opinions on issuing stocks or depository vouchers within the territory of innovative enterprises, and standardizing the basic system of depository certificates, and making the management measures to the society. There will be public consultation. Earlier, Alibaba responded to the rumour that it had returned to A shares. We went to the United States that day, and we said we would return as long as conditions permit. The idea has not changed. In September 2014, Alibaba group went public in the United States and became the largest IPO in the history of the United States. Ali uses the VIE architecture, and most of its operations and operations are in China, but the company is registered in the Cayman Islands. The source of this article: surging news editor: Bai Xin _NT4464 Recently, Chinese regulators are considering plans to attract technology giants such as Tencent and Alibaba to return to the domestic stock market. The latest news is that in May 4th, the CSRC drafted the measures for the issuance and transaction management of depository certificates on the basis of the Circular of the general office of the State Council forwarded by the general office of the State Council to carry out a number of opinions on issuing stocks or depository vouchers within the territory of innovative enterprises, and standardizing the basic system of depository certificates, and making the management measures to the society. There will be public consultation. Earlier, Alibaba responded to the rumour that it had returned to A shares. We went to the United States that day, and we said we would return as long as conditions permit. The idea has not changed. In September 2014, Alibaba group went public in the United States and became the largest IPO in the history of the United States. Ali uses the VIE architecture, and most of its operations and operations are in China, but the company is registered in the Cayman Islands.