Jump to content

Exchange NYSE ADR Alibaba (BABA) for Hongkong stock exchange (HKEX) 8899.HK shares.


Recommended Posts

Is it possible to buy the HKEX 8899.HK shares on IG? as I can only seem to see the NYSE BABA ADR shares listed.

If BABA was to be delisted from the NYSE due to the Foreign Companies Accountable Act, can/will the BABA shares be exchanges for the 8899.HK version on IG? Or will I have to liquidate and buy on a different exchange?

 

Thanks in advance.

Link to comment
1 hour ago, TW00100 said:

Is it possible to buy the HKEX 8899.HK shares on IG? as I can only seem to see the NYSE BABA ADR shares listed.

If BABA was to be delisted from the NYSE due to the Foreign Companies Accountable Act, can/will the BABA shares be exchanges for the 8899.HK version on IG? Or will I have to liquidate and buy on a different exchange?

 

Thanks in advance.

Hi @TW00100,

Alibaba Group Holding Limited (9988.HK) is available to trade on Leverage accounts. If the shares on NYSE happens to be delisted IG won't be able to book the equivalent of 9988 HK as they are on completely different exchanges. You would likely need to sell the NYSE shares and deal on HK. 

To deal on HK you will need to use a CFD or Spread bet account, therefore you won't posses the shares.

All the best - Arvin

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • DogeDay always brings back memories of 2019 when my friends were diving into Dogecoin and joining farming activities. That's why I'm excited to explore the Bitget DogeDay giveaway event. Plus, with tomorrow's BTC halving, the excitement is doubled!
    • As a meme fan, I have been waiting patiently for the Bull trend that happened to BTC recently to get to all the alts and so we can have what we had back then in 2021 to happen again, but time the strength of the uptrend has not been able to match up with what I am expecting and I do hope that the halving will help, but looking at the hype that is usually expected from the meme community. I don't think I'll be able to wait for the trend to resume and so I am taking more steps ahead of the game, taking up all the opportunities I believe would help the price-trend of my holdings, especially for the DOGE memes and I have found this DOGEDAY event ongoing and it really made a lot of sense to me, because if we look at how the DOGE coins have performed in the past. I believe if we can have a Bitcoin day to celebrate the first cryptocurrency, then we should be able to have a DOGEDAY too looking at the success rate of the meme and the support from the community. For me, this is something special that is worth the energy, vibes and hype and worth participating it. There are different sections to the event, which include the Twitter part, where Bitget is sharing $3,00 to those participating( https://twitter.com/bitgetglobal/status/1780495739984150962Twitter Post ) and the telegram event, and I believe this will favour those that love to bet on the price of coins. They are sharing 100BGB tokens for this and the Discord event has a 90BGB token to be shared.  If we can have Bitcoin's day, then this DOGEDAY should be observed in all the DOGE communities and I will admonish meme lovers to observe events like this because it reflects the nature of memecoin and the hype around it.
×
×
  • Create New...
us