3Mon·

Replace $BABA with $9988

Hello everyone,

does it make sense to replace the Alibaba ADR's ($BABA) (+1.49%) to replace them with the "real" shares $9988 (+1.45%) ?

In my case I would even realize a 30% loss and buy the shares again.

What is your opinion?

7 Comments

Maximilian@Max095

3Mon

Alibaba Long 🚀🤑

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Boersen I.@Boersen-Info

2Mon

makes sense. There are no distribution fees for ADRs and you avoid the US risk with regard to China. China risk has to be assessed separately, but if you want to buy Alibaba, it's better to buy in HKG. I recently exchanged all my China ADRs for the original shares

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Maverick@Pete_Mitchell

3Mon

What do you mean by "real shares"? Alibaba has a double listing.

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Nik vB@NvB94

3Mon

By this I mean $9988 instead of $BABA

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Yoshika 🦋.@Yoshika

3Mon

@Pete_Mitchell
But the delisting pressure in the US is real... because of the HFCAA law.
If the US regulator still doesn't get full audit access, BABA is theoretically threatened with delisting in NY.

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Yoshika 🦋.@Yoshika

3Mon

@Yoshika
...which is why many prefer to go directly to 9988.

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SP@spellwan

3Mon

I have also toyed with this idea before. Unfortunately, I bought a 5-digit share at 220 euros at the time. I would have made a huge loss.

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