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Anonymous

21 May 2020

∙

General Investing

What's the difference between Alibaba stock in the US vs HK market?

Sorry for the noob question. I'm looking to purchase some Alibaba stock but noticed they're listed in US and HK as well? I'd assume US is the main one but thinking of HK because I have some spare HKD in my multi currency account. Is there any difference between the two? Are they two different entities or exactly the same? Which one to pick.

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Wilson Nid A Break

21 May 2020

USA-listed Alibaba will be a thing of the past. Who cares

https://finance.yahoo.com/news/congress-moves-t...

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Wrong Sean

20 May 2020

Both represent shares in the same company.

BABA is the ADS listed on the NYSE.
9988 is the stock listed on the HKEX.
One BABA is equivalent to 8 shares of 9988.

Lot size of BABA is 1.
Lot size of 9988 is 100.

So depending on how much HKD you have and the transaction costs, you could choose to buy 9988 over BABA.

In terms of performance, there would be some correlation between the two. BABA usually is the influence. But sometimes because of the different market sentiments, not always perfect.

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YT

20 May 2020

You are correct in that the US is the main listing. Both are stocks of the same company and performa...

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