I've never been on MySpace or Facebook/Meta for that matter, but is that where the indecisive, uninformed posts questions that are better answered elsewhere?
How will I unload a Chinese stock if it get delisted in the US??
- Thread starter Cabin111
- Start date
If you guys/gals didnt know, Chinese adrs listed on USA exchanges are overvalued compared to their counterparts listed on the Hong Kong exchanges. The USA ADRs trade at a higher multiple than in HK.
So what I am saying is if BABA gets delisted today, it will be worth less when it trades in Hong Kong due to lower valuation multiples the HK mkt assigns these companies.
I would not be a holder of any Chinese ADR right now due to these reasons.
So what I am saying is if BABA gets delisted today, it will be worth less when it trades in Hong Kong due to lower valuation multiples the HK mkt assigns these companies.
I would not be a holder of any Chinese ADR right now due to these reasons.
Hmm. Can't believe. IMHO it's just the currency conversion factor that matters, isn't it?
Defective Auto Parts are a hot item.
Call your broker.
So Cab, Who creates the bid/ask when there is 0 open interest in an option??
You know this one, right?
'9988' is the ticker symbol for Alibaba on the Hong Kong Stock Exchange. Each 9988 share is worth 1/8th of a BABA ADR; Meaning your broker converts each BABA share you own to eight 9988 shares. Then, you will have regular exchange-traded shares that trade in Hong Kong.
No guarantee of a US otc market going forward post delisting. I’d just sell now and let it be someone else’s problem. Possibly you might be able, with a lot of hassle and possibly expense, to convert the ADR into something that might eventually trade in Hong Kong. If you don’t do that, it’ll probably be totally illiquid.