BRIEF-Alibaba Group Provides Voluntary Announcement Statement On Inclusion On CMC List

Alibaba Group Holding Ltd. Sponsored ADR

Alibaba Group Holding Ltd. Sponsored ADR

BABA

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- Alibaba Group Holding Ltd 9988.HK:

  • VOLUNTARY ANNOUNCEMENT STATEMENT ON INCLUSION ON CMC LIST

  • BELIEVES THAT ITS INCLUSION IN CMC LIST IS A MISTAKE

  • U.S. DEPARTMENT OF DEFENSE INCLUDES ALIBABA GROUP ON CMC LIST

  • CMC LIST WILL NOT AFFECT GROUP'S ABILITY TO CONDUCT BUSINESS AS USUAL

  • NO BASIS TO CONCLUDE THAT ALIBABA GROUP SHOULD BE PLACED ON CMC LIST

  • TO TAKE LEGAL ACTION AGAINST MISREPRESENTATION

Further company coverage: 9988.HK