Ende 2019 ist Alibaba zusätzlich in Hongkong an die Börse gegangen (Link). Alibaba was one of those stocks affected by the selloff, falling 7.15%. To an extent, the concern over Chinese ADRs is justified. The Chinese Communist Party (CCP) cracked down on DIDI because it dared to list in the United States. BABA is also listed in the U.S. as an ADR. That's why Alibaba launched a secondary listing in Hong Kong in late 2019, and why American investors should be wary of holding its ADR shares. To an extent, the concern over Chinese ADRs is justified. This process enables a company, listed both in Hong Kong and the United States, to convert part of its shares from the United States to Hong Kong without … to Hong Kong BABA. Get the latest Alibaba Group Holding Ltd (9988) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Part of that 12.6% BABA stock sell-off had to do with the scrapping of the Ant Financial initial public offering. Although TD Ameritrade does not allow its customers to directly trade Hong Kong stocks on its platform, customers can still trade some using ADRs that trade over exchanges or OTC. Bulking Up “More people will want to … Alibaba Here’s how to convert Alibaba’s shares in New York, Hong Kong