3Settimana·

Replace $BABA with $9988

Hello everyone,


does it make sense to replace the Alibaba ADR's ($BABA) (-0,48%) to replace them with the "real" shares $9988 (-1,01%) ?


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

What is your opinion?

2
6 Commenti

immagine del profilo
What do you mean by "real shares"? Alibaba has a double listing.
3Settimana
By this I mean $9988 instead of $BABA
immagine del profilo
@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.
immagine del profilo
@Yoshika
...which is why many prefer to go directly to 9988.
1
immagine del profilo
3Settimana
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.
immagine del profilo
Alibaba Long 🚀🤑
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