(Reuters) – E-commerce giant Alibaba Group Holding Ltd
Alibaba is evaluating ways in which its shares could be traded by investors on the mainland, the newspaper reported http://on.wsj.com/2peqrpb, adding that a secondary listing in China could happen as soon as this summer if the country’s securities rules are changed to allow listings of foreign companies.
The news of a probable listing comes a few weeks after it was reported that China may allow its offshore-listed tech giants to sell a form of shares on the mainland.
Alibaba, which is listed on the New York Stock Exchange, is one of the world’s biggest tech companies listed offshore. Others include Baidu Inc
Alibaba did not immediately respond to a request for comment.
(Reporting by Aishwarya Venugopal in Bengaluru; Editing by Shounak Dasgupta)