E-Learning

Chinese stock exchanges add Alibaba into Stock Connect Scheme

China's Shanghai and Shenzhen stock exchanges will include Chinese e-commerce giant Alibaba Group and some other companies into its Stock Connect cross-border investment scheme from Tuesday, separate filings showed on Monday. This move will integrate Alibaba into a program linking the Shenzhen and Shanghai stock exchanges with the Hong Kong stock exchange. Alibaba's shareholders had previously approved the upgrade of its Hong Kong listing to primary status, effective Aug. 28, a move that is expected to attract huge investments from mainland China.

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Lazard Hires State Street’s ETF Chief to Cash In on Market Shift

(Bloomberg) -- Lazard Asset Management is hiring a former State Street Global Advisors executive to help drive its foray into the deeply competitive market for actively managed exchange-traded funds. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to the T

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