$Alibaba(BABA)$'s pioneering move in secondary listings on the Hong Kong exchange has set a precedent for Chinese companies, paving the way for others to follow suit. Its success is likely to catalyze a shift towards dual-primary listings among peers with existing secondary listings. Notably, Alibaba's substantial 9% weighting in the Hang Seng Tech Index ETF underscores its significance in the region's tech landscape. Meanwhile, other prominent Chinese tech stocks like $NIO Inc.(NIO)$ and $Baidu(BIDU)$, currently listed as secondary offerings, may soon join the Hong Kong Stock Connect, further solidifying the region's appeal.

Personally, I don't have exposure to HK shares, but I'm bullish on the $CSI China Internet ETF(KWEB)$, which tracks major Chinese tech ADRs, and expect it to benefit from this trend.

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  • wavyix
    ·09-10
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    I completely agree with your assessment.
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    • nomadic_m
      glad we have the same view. good luck to our investment journey
      09-11
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