Alibaba which one is the real one?
$BABA-W (09988.HK)$ $Alibaba (BABA.US)$ this two any different?
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aoimizu : BABA is traded in US, 9898 is traded in HK. 1 BABA can be exchanged for 8 HK shares. how to do it I'm not sure.
Will_i_am Chow OP aoimizu : So I should buy baba in US or Baba in hk?
Onnut Will_i_am Chow OP : I brought baba in hk for my safety of delisting in US.
Will_i_am Chow OP Onnut : Hmmm… I see.. I hear my friends also prefer HK.
Thanks for your information
Jonathan Rio : US has no commission, no minimum qty.
HK - lots of tax, min qt oif 100. Policy changes to charge investor more.
Will_i_am Chow OP Jonathan Rio : Really? I am newbie on this one
102643570 : Hk I think better
aoimizu Jonathan Rio : Wow Didn't Know About Intrition in HK. Must do more research. Thanks
aoimizu Will_i_am Chow OP : I hold some US BABA. I think delisting risk is quite small as long as they follow US laws. in the event of delisting, technically we can convert 1 US=8HK. That's part of the reason for the second listing in HK anyway.
Jonathan Rio aoimizu : Yes, I started last year started to invest. Don’t have US acct yet and start trial with HK exchange bought Alibaba 9988. Total fees I got is around USD 5.50. If I buy Alibaba BABA in US exchange that will be USD 2.13. I totally regret buying at HKEX. There are also policy changes in HK charging more tax to investors. Not sure what details has happened.
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