Alibaba Group Holding Ltd. is working on a plan to list its shares in China, The Wall Street Journal reported on Thursday, citing people familiar with the matter. The e-commerce giant is looking into ways its shares could be traded by investors on the mainland, the paper reported. A listing could come as soon as summer, if the country changes it securities laws, it said. Under current rules, Alibaba is forbidden from listing in china because of its dual-class structure. Shares were up 2.7% in premarket trade, and have gained 86% in the last 12 months, while the S&P 500 has gained 15%.
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