Ali said he would work hard to maintain the status of Hong Kong listing

Alibaba said on the US official listing the company in the list of the cards that may be removed.Local listing status.

Alibaba Monday (August 1) made the above response in the announcement published on the Hong Kong Stock Exchange website.

After the stock price of Hong Kong opened on Monday, Ali fell about 5%, and the decline narrowed, and it slipped 3.2%at 9:55 in the morning.

Reuters reported that the US Securities and Exchange Commission last Friday (July 29) on the grounds that they did not meet the audit requirements, and Alibaba was included in the list that may be removed.

Ali's stock price fell more than 11%last Friday.