Ahead of its anticipated inclusion in the Stock Connect program, Alibaba Group Holding Ltd. (NYSE:BABA) has made a strategic change to its listing status in Hong Kong. What Happened: Alibaba Group announced it will change its listing status in Hong Kong, a strategic move that will enable the technology giant to offer shares to the 220 million investors on mainland China’s stock market, South China Morning Post reported on Friday. According to the report, this new designation will make Alibaba’s shares eligible for the Stock Connect cross-border investment channel. The exchange operators of She…
