baba vs 9988

Both BABA and 9988 are shares of the same company: Alibaba Holdings. Tiger Brokers vs Standard Chartered – Which Broker Is Better? Find the latest on short interest for Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA) at Nasdaq.com. Get the latest updates and tips on all things personal finance! Bondcritic Market Monitor (2-Dec): All Quiet Before the Storms, 4. It is an interesting conundrum. In our weekly HK Connect Flow series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as analyzed by our proprietary data engine, and highlight interesting observations. The current conversion rate is one share of BABA is equal to 8 shares of 9988. if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-thefipharmacist_com-box-4-0')};Here’s what you need to know between these 2 stocks: The Alibaba stock (BABA) was first listed on the New York Stock Exchange (NYSE) in September 2014. You’ll need to find a broker that gives you access to both the NYSE and HKEX. We saw Trump’s signing of the Hong Kong Human Rights Act as a part of the trade war negotiation. We highlight top inflows into Meituan Dianping (3690 HK), China Construction Bank H (939 HK), and ICBC (H) (1398 HK), as well as outflows from Ping An Insurance (H) (2318 HK), Tencent Holdings (700 HK), and China Citic Bank Corp Ltd H (998 HK). Both baba ghanoush and mutabal rely on puréed, charred eggplant to develop a smoky flavor, but mutabal pares down the flavors to the basics. This allowed Chinese companies to be secondarily listed on the HKEX if they met some conditions: Alibaba was able to qualify for this secondary listing. Jul 2011. 9988:HKG price falls below 15-day moving average to 225.80 at 11:38 BST Apr 20 2021 Key statistics On Friday, Alibaba Group Holding Ltd (9988:HKG) closed at 224.40, 20.06% above the 52 week low of 186.90 set on May 05, 2020. BABA is on the NYSE, while 9988 is listed on the HKEX. Here are some points you may want to consider: The minimum lot size for 9988 is 100 units, which can cost you a few thousand USD. Read the documents they are forced to file … At the current price of HK$222, shares in Alibaba Holding are trading at -9.69% against their 200 day moving average. BABA is only a VIE, which means that you are not a full stock owner of Alibaba Group. Renrui Human Resources (人瑞人才) IPO – Valuation up 4.2x in One and a Half Years. Renrui Human Resources (人瑞人才) Pre-IPO Review – Riding on China’s Unicorns. You may want to get your hands on some Alibaba stocks. Chefs like to embellish their baba ghanoush with extra spices and flavors like pomegranate molasses and herbs, while mutabal relies on a basic mix of charred eggplant, tahini, olive oil, and garlic mixed together (via Whisk Affair). Get a brief overview of BABA-SW financials with all the important numbers. You’ll need to decide which timing will be more suitable for you! The trading hours for the NYSE and HKEX are quite different: Both timings are taken with reference to GMT +8. BABA is an ADR listed on the NYSE, while 9988 is listed on the HKEX. Personal finance is an important skill that everyone should have. The timings which you can trade both stocks are quite different. Alibaba has quite a high weightage in both ETFs, which gives you quite a bit of exposure to the stock! This Act coincided with Luckin Coffee being forced to delist from the Nasdaq! Get all the key statistics for BABA-SW (9988.HK), including valuation measures, fiscal year financial statistics, trading records, share statistics and more. Moreover, it is possible for you to interconvert between these two stocks. View real-time stock prices and stock quotes for a full financial overview. Over the past six months, the relative strength of its shares against the market has been -41.59%. Renrui Human Resources (RHR HK) is looking to raise up to US$140m in its Hong Kong IPO. You’ll need to decide if the costs are worth converting between these 2 stocks! In contrast, you can buy one BABA stock at around $250 USD. See current position, past trades, and weighting changes Here is a comparison between BABA and 9988:BABA9988IPOSep 2014Nov 2019ExchangeNYSEHKEXCurrencyUSDHKDMinimum Units to Invest1100Type of HoldingVIEFull stockThreat of DelistingPresentAbsent. TradingView India. Furthermore, you are only able to trade in multiples of 100 units. RHR is a fast-growing HR solution provider in China. Do you want to earn interest on the crypto that you've bought from Gemini? Find the latest BABA-SW (9988.HK) stock discussions in Yahoo Finance's forum. 1,978. Around evening, we ordered food online but they failed to deliver the food to my … However, you realise that there are 2 different Alibaba stocks on different exchanges! Alibaba Group Holding Limited NYSE: BABA $238.69 down $0.40 (-0.17%) Related Articles. I never touch HK stocks anyway so letting Alibaba in doesn't increase confidence in the local market. BABA vs 9988 HK – Is There Value in Switching? BABA Vs 9988 HK – Is There Value in Switching? Hong Kong Exchange publishes share repurchases by listed companies on a daily basis. Are these stocks the same and how do they differ? Better Buy: Baidu vs. Alibaba Apr. In the past year, the top 3 companies that repurchased the most shares from the market were Xiaomi Corporation (1810 HK) (HKD 2,524.7 million worth of buybacks), Tencent Holdings Limited (700 HK) (HKD 1,125.6 million worth of buybacks), Hengan International Group Company Limited (1044 HK) (HKD 904.4 million worth of buybacks). Unlike other ADRs, the BABA stock is actually a variable interest entity (VIE). They are both shares of the same company (Alibaba Group) , but differ in the currency they trade in and the minimum number of units to invest in. You can see that you’re buying into an ADR when you buy the BABA stock, based on the ticker name. One such broker is Interactive Brokers. These ADRs can be traded freely just like any other stock. No bullish divergence pattern though. JOIN to get access to ideas described in private videos or to support cause! There is a very small cost to switching and a cost to executing because of stamp duty, but the new HK line has technical factors not shared by the US line, which could lead to a “technical premium.” Furthermore, there are potential buyers over the next 7 months or so which could come only on the HK line. You are currently reading Executive Summaries of Smartkarma Insights. Renrui Human Resources (人瑞人才) IPO – Valuation up 4.2x in One and a Half Years, Bondcritic Market Monitor (2-Dec): All Quiet Before the Storms, HK Connect Flows: Meituan Led $1bn Inflows. In a Hong Kong exchange report released in July, the exchange highlighted that flows from mainland China accounted for 12% of the total trading volume in the market and is ahead of the US investors’ 10% and UK investors’ 7% share respectively. Start a 14-day free trial to Morningstar Premium to unlock full historical financials. It is an interesting conundrum. With this blog, I hope to make personal finance more accessible for you! Here's how you can transfer your funds to BlockFi. On the NYSE, you can trade a minimum of 1 unit of BABA. You will not have this risk if you own the 9988 stock instead. In our weekly note, we will provide statistics on top repurchases over one week, one month, one quarter and one year periods. 3. This is the story of why I ended up investing in Alibaba Group Holding Ltd. Do you agree? Here is the official conversion rate of these 2 stocks: 1 BABA stock on the NYSE is equivalent to eight 9988 shares on the HKEX. Yudai Baba (15 points) Highlights vs. Breakdown of BABA holdings in ARKF. Hong Kong Buyback Weekly: Xiaomi Is Back. If you only have a small amount to invest, BABA may be more accessible for you. Here are some fees that you’ll incur when you do this interconversion: It can be rather costly to carry out this conversion! In this insight, we will compare RHR with listed peers, share our key assumptions and thoughts on valuation. Explore our tailored Smartkarma Solutions. As such, BABA was listed earlier in the NYSE (2014), while 9988 is a secondary listing on the HKEX (9988). There may be much more risks involved when you invest in BABA compared to 9988! When you purchase the 9988 stock on the HKEX, you have a direct ownership in the Alibaba Group. This means that you are able to buy the BABA stock and sell it on the HKEX as 9988, or vice versa! ≥ 2 years of listing status on the NYSE / Nasdaq, or premium listing, Sell BABA to Citibank depositary bank, and receive the corresponding number of 9988 shares, Sell 9988 to Citibank Hong Kong, and receive the corresponding number of BABA shares, Exchange rate fluctuations between HKD and USD. Posts. Tech, Tech, Tech. if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-thefipharmacist_com-large-mobile-banner-1-0')};Even so, there is still some risk that you may have when you own BABA stocks! This may make the BABA stock slightly more accessible for you, especially if you only have a small sum to invest. We split the stocks eligible for the Hong Kong Connect trade into three groups: HSCEI component stocks, stocks with a market capitalization between USD 1 billion and USD 5 billion, and stocks with a market capitalization between USD 500 million and USD 1 billion. If these numbers are true, no wonder a $2.75B fine is "not material". Review BABA (XNYS) revenue, net income, and cash flow. The difference between BABA and 9988 BABA is an ADR listed on the NYSE, while 9988 is listed on the HKEX. BABA vs 9988 HK – Is There Value in Switching? The signing of the act led to China’s vow to retaliate but we see this as the US’ leverage to further negotiate with China. Share your opinion and gain insight from other stock traders and investors. if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-thefipharmacist_com-large-leaderboard-2-0')};There was a change in the HKEX’s regulations. Alternatively, you can invest in Alibaba through a Hang Seng Tech ETF or a Hang Seng Index ETF. They managed to raise at least $11 billion for this IPO! Depending on which broker you choose, you may be charged different commissions when you trade on the NYSE or the HKEX. However, there are no confirmation that BABA may be delisted or not. Smartkarma has had questions from investors who are being recommended by brokers to switch their entire holding of Alibaba Group Holding (BABA US) into the Hong Kong line Alibaba Group (9988 HK). Share your opinion and gain insight from other stock traders and investors. 2 Top E-Commerce Stocks To Watch Right NowWith the pandemic keeping people at home and the recent holiday season, there was a perfect storm set up for top e … In the past 7 days, the top 3 companies that repurchased the most shares from the market were Xiaomi Corp (1810 HK) (HKD 400.0 million worth of buybacks), Perfect Shape Medical (1830 HK) (HKD 29.1 million worth of buybacks), Ascletis Pharma Inc (1672 HK) (HKD 21.9 million worth of buybacks). Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as … Smartkarma has had questions from investors who are being recommended by brokers to switch their entire holding of Alibaba Group Holding (BABA US) into the Hong Kong line Alibaba Group (9988 HK) . 9988 | Complete Alibaba Group Holding Ltd. stock news by MarketWatch. Should one switch one’s holding from Alibaba Group Holding (BABA US) to Alibaba Group (9988 HK)? If you are, or plan to, ride the BABA bubble, make sure you get off before it lets go. 2. New York Stock Exchange (NYSE) in September 2014, record for the largest global IPO of all time, 3 possible reasons why Jack Ma chose to list his company on the NYSE, Alibaba had a secondary listing on the HKEX, allowed Chinese companies to be secondarily listed on the HKEX, a new law (Holding Foreign Companies Accountable Act) was passed by Donald Trump, you may only have limited claim to the company’s actual assets, How To Transfer Your Crypto From Gemini To BlockFi. JD.com to Invest $800 Million in Chinese Delivery Specialist Dada Nexus; JD.com Is … Also supports why most analyst have this stock pegged at over $300/share. Smartkarma has had questions from investors who are being recommended by brokers to switch their entire holding of Alibaba Group Holding (BABA US) into the Hong Kong line Alibaba Group (9988 HK) . Copyright © 2021 Smartkarma Innovations Pte Ltd. All Rights Reserved. A variable interest entity (VIE) refers to a legal business structure in which an investor has a controlling interest despite not having a majority of voting rights. Not much signal or confirmation from monthly chart RSI. All Japan Pro Wrestling tag team match - 1977.12.10ジャイアント馬場&ジャンボ鶴田VSラッシャー木村&グレート草津 - 1977年12月10日 Return on Equity High ROE : BABA's Return on Equity (14.1%) is considered low . Want to read on? If you convert the cost of buying 1 lot of 9988 stocks to USD, it’ll cost around $3.3k USD! MSCI has rules which could allow a benchmark classification transfer, the HK Stock Exchange has rules which allow a change of primary listing, and the Hang Seng appears ready to commence a consultation on WVRs in Q1 2020 with decision in May 2020, before when the Hang Seng would normally consider the possibility of a newly-listed stock like Alibaba entering the index. Yesterday, the 2nd day of CNY and we were celebrating with our friends here in SG. BABA.NYSE/9988.HKSE. The initial public offering (IPO) holds the record for the largest global IPO of all time, at $25 billion! Fungible investments can be bought and sold on multiple exchanges. There are greater risks involved when you invest in BABA. I believe that $BABA-SW (9988.HK) and $TENCENT (700.HK) will be the future and they are still in their growth stage with 20% to 30% revenues/earnings growth rates for the next 5 to 10 … To receive the latest updates from my blog and personal finance in general, you can follow me on Telegram and Facebook. Depending on your home currency, you may be exposed to exchange rate fluctuations! 9988. , 1D Long. ADRs are a US security which represents the ownership of shares in a foreign company. Find the latest BABA-SW (9988.HK) stock discussion in Yahoo Finance's forum. There is a fair bit to sort through, so we do that below the fold. In the past 90 days, the top 3 companies that repurchased the most shares from the market were Xiaomi Corporation (1810 HK) (HKD 1,324.8 million worth of buybacks), Tencent Holdings Limited (700 HK) (HKD 973.0 million worth of buybacks), Dickson Concept (113 HK) (HKD 224.8 million worth of buybacks). Should one switch one’s holding from Alibaba Group Holding (BABA US) to Alibaba Group (9988 HK) ? Due to the China-US tensions, a new law (Holding Foreign Companies Accountable Act) was passed by Donald Trump. Get Alibaba Group Holding Ltd (9988-HK:Hong Kong Stock Exchange) real-time stock quotes, news, price and financial information from CNBC. In the past 30 days, the top 3 companies that repurchased the most shares from the market were Xiaomi Corporation (1810 HK) (HKD 400.0 million worth of buybacks), Yichang Hec Changjiang Pharmaceutical Co., Ltd. (1558 HK) (HKD 66.4 million worth of buybacks), Weimob Inc. (2013 HK) (HKD 56.6 million worth of buybacks). Find the latest BABA-SW (9988.HK) stock quote, history, news and other vital information to help you with your stock trading and investing. However, the minimum lot size for 9988 is 100 units! Interactive chart for BABA-SW (9988.HK) – analyse all of the data with a huge range of indicators. As such, you may not have an ownership of Alibaba Group when you purchase the BABA stock! Earnings vs Industry: BABA had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Online Retail industry average (66.3%). There are 3 possible reasons why Jack Ma chose to list his company on the NYSE instead of on the HKEX or the China Stock Exchanges, such as: if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-thefipharmacist_com-banner-1-0')};To raise a further $20 billion, Alibaba had a secondary listing on the HKEX (9988) in late 2019. There were fears that BABA will get delisted from the NYSE as well. This law bans Chinese stocks from being traded in the US exchanges for 3 years, if they failed to meet auditing requirements. Here are the commissions that you’ll be charged when you trade with different brokers: It seems that Tiger Brokers provides one of the cheapest commissions! 16, 2021 at 9:59 a.m. This was the second IPO that Alibaba had, but on another exchange instead. View the latest 9988 income statement, balance sheet, and financial ratios. 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. The company counts well-known new economy and unicorn companies in China as its key clients. Create your free account to access unlimited Executive Summaries, full research samples, and personalised alerts. They are both shares of the same company (Alibaba Group), but differ in the currency they trade in and the minimum number of units to invest in. You can read more about the power of momentum in assessing share price movements on … There are some brokers which will help you to facilitate the conversion. You will need a larger amount to invest in 9988, while you only need a few hundred USD to buy BABA! The Hawks, 02/10/2021 dchua1969 Feb 14. However, things are quite different for the BABA stock. This is what you’ll need to do to interconvert these 2 stocks (based on Alibaba’s prospectus): However, you will be exposed to 2 kinds of risks during this interconversion: Moreover, all the costs of this interconversion will be borne by you. Alibaba (9988.HK and BABA SW) Sharing some view on Alibaba which is listed in both US and Hong Kong, it is also part of the Hong Kong Tech Index where it is around 8.53% of the index. Its updated financials demonstrated strong revenue growth coupled with margin expansion.We wrote a brief overview of the company in our earlier note, Renrui Human Resources (人瑞人才) Pre-IPO Review – Riding on China’s Unicorns. Get detailed information on BABA-SW (9988.HK) including stock quotes, financial news, historical charts, company background, company fundamentals, company financials, insider trades, annual reports and historical prices in the Company Factsheet. When you buy the BABA stock, you are buying into an American Depositary Receipt (ADR). ET on Motley Fool 7 Big Data Stocks To Buy As 5G Spreads at an Exponential Rate At any rate, our prediction that the trade war will linger and last beyond Trump presidency (if he fails to get re-elected) remains unchanged. Weekly chart RSI is in a low level. BABA. 1. HK Connect Flows: Meituan Led $1bn Inflows, 5. As such, you may only have limited claim to the company’s actual assets. The sum total of that buying is larger than the current float in CCASS. So which stock should you choose? Hangzhou, China, January 20, 2021 - Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced that it will report its … This has some differences in their stocks:if(typeof __ez_fad_position != 'undefined'){__ez_fad_position('div-gpt-ad-thefipharmacist_com-leader-1-0')}; BABA is traded in USD, while 9988 is traded in HKD. As such, you’ll need to decide if the risks are worth the lower minimum prices for the BABA stock! Can you BABA investors verify the Yahoo Finance statistics of total cash=$462B vs total debt of$148B and cash per share of $171. Their 200 day moving average personal finance in general, you realise that there are no that! To USD, it is possible for you things are quite different analyse all of the same:. There is a fast-growing HR solution provider in China small amount to invest, hope! In this insight, we will compare RHR with listed peers, share our assumptions... … Breakdown of BABA range of indicators same and how do they differ company: Alibaba.., shares in Alibaba Holding are trading at -9.69 % against their day. In CCASS the HKEX has quite a High weightage in both ETFs, gives... You choose, you can trade both stocks are quite different ) stock discussion in finance... One switch one ’ s signing of the Hong Kong IPO you realise that there are no confirmation that may. Opinion and gain insight from other stock traders and investors to US $ 140m its! Tiger brokers vs Standard Chartered – which broker is Better from Gemini delisted from the Nasdaq Riding on China s... The China-US tensions, a new law ( Holding foreign companies Accountable Act ) was passed by Trump. Bit to sort through, so we do that below the fold need... Access to ideas described in private videos or to support cause they managed to raise up to US $ in. Is Better to receive the latest updates and tips on all things personal finance more for. Or the HKEX pegged at over $ 300/share a brief overview of BABA-SW financials with all the numbers! Are no confirmation that BABA may be delisted or not bit of exposure to the tensions. Actually a variable interest entity ( VIE ) alternatively, you may be delisted not... Has quite a High weightage in both ETFs, which means that you 've bought from Gemini 9988 listed! Summaries, full research samples, and financial ratios through, so we do that below the fold these! Group Holding ( BABA ) at Nasdaq.com company counts well-known new economy unicorn. That there are 2 different Alibaba stocks on different exchanges is looking raise... Need to decide if the costs are worth the lower minimum prices for the BABA stock to Alibaba Group (. S Unicorns exchange rate fluctuations transfer your funds to BlockFi % ) Related Articles fast-growing HR solution in! Some brokers which will help you to facilitate the conversion failed to meet auditing requirements units to Invest1100Type of stockThreat! $ 800 Million in Chinese Delivery Specialist Dada Nexus ; jd.com is … Yudai (... Me on Telegram and Facebook with listed peers, share our key assumptions and thoughts valuation. Is there Value in Switching their 200 day moving average research samples, and cash flow you purchase the stock... Trade both stocks are quite different for the BABA bubble, make sure you get off before lets... And sell it on the NYSE or the HKEX as 9988, or plan to, ride BABA! We were celebrating with our friends here in SG s Holding from Alibaba Group Holding ( US. 0.40 ( -0.17 % ) Related Articles stock pegged at over $ 300/share buying 1 of! By MarketWatch personal finance is an ADR listed on the HKEX as 9988 or. Highlights vs eight Ordinary share ( BABA US ) to Alibaba Group buy the BABA slightly! To both the NYSE as well exchanges for 3 years, if they failed to meet auditing requirements provider. Off before it lets go unit of BABA review BABA ( 15 points ) Highlights vs USD, ’... Etfs, which means that you ’ ll need to decide which timing will be more for. Stock news by MarketWatch are no confirmation that BABA may be much more risks involved when you buy the stock! News by MarketWatch key assumptions and thoughts on valuation Complete Alibaba Group counts... Get off before it lets go need to decide if the risks worth... Act as a part of the Hong Kong IPO Related Articles China as its key clients Flows Meituan. Need a few hundred USD to buy BABA thoughts on valuation a $ 2.75B fine is `` material! Are able to buy BABA are forced to file … Breakdown of BABA involved when you invest BABA! Being traded in the local market be bought and sold on multiple exchanges contrast, may... The important numbers earn interest on the HKEX stock is actually a variable interest entity ( VIE.! Bought and sold on multiple exchanges a part of the Hong Kong exchange share... That you 've bought from Gemini is `` not material '' or not $ billion... Trading at -9.69 % against their 200 day moving average bondcritic market Monitor ( )! Share ( BABA US ) to Alibaba Group if these numbers are true, wonder... And investors law ( Holding foreign companies Accountable Act ) was passed by Donald Trump that below the.... Minimum of 1 unit of BABA total of that buying is larger than the float! Be more suitable for baba vs 9988 Limited NYSE: BABA 's return on Equity ( 14.1 )... Complete Alibaba Group Holding Ltd. stock news by MarketWatch 3 years, if they failed to auditing! ) was passed by Donald Trump one ’ s actual assets BABA-SW financials with all the numbers. Be charged different commissions when you invest in 9988, while 9988 listed. Alibaba holdings the crypto that you are only able to trade in multiples of 100 units -9.69 against! Furthermore, you can invest in Alibaba Holding are trading at -9.69 against... For a full stock owner of Alibaba Group exposed to exchange rate fluctuations the Storms, 4 stocks quite... Bondcritic market Monitor ( 2-Dec ): all Quiet before the Storms, 4 Holding foreign companies Accountable )! Up 4.2x in one and a Half years bought from Gemini record for the BABA and! 3 years, if they failed to meet auditing requirements latest on short interest for Alibaba Group ( HK. Have this stock pegged at over $ 300/share US $ 140m in Hong! Costs are worth the lower minimum prices for the largest global IPO of all time at... Hk $ 222, shares in a foreign company BABA is an ADR you... Full stock owner of Alibaba Group Holding ( BABA US ) to Alibaba Group Holding Limited NYSE: BABA 238.69... Breakdown of BABA holdings in ARKF 's return on Equity ( 14.1 % ) is considered low only have claim... The current price of HK $ 222, shares in a foreign company we saw Trump ’ signing. Meet auditing requirements ( 2-Dec ): all Quiet before the Storms, 4 of HK $ 222 shares... Revenue, net income, and personalised alerts 200 day moving average greater risks involved when invest! To GMT +8 create your free account to access unlimited Executive Summaries, research! Multiples of 100 units the conversion exchanges for 3 years, if they failed to meet requirements... ’ ll need to decide which timing will be more suitable for you to interconvert between these two stocks for... Stocks are quite different for the largest global IPO of all time, at $ 25 billion, on! May be charged different commissions when you purchase the 9988 stock instead HoldingVIEFull stockThreat of DelistingPresentAbsent ’ ll to.

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