$Alibaba(BABA)$ How to trade a

How to trade alibaba

Alibaba (BABA) is dual-listed in the U.S. (NYSE: BABA) and Hong Kong (HKEX: 9988). The conversion ratio is 1 U.S. share (BABA) = 8 Hong Kong shares (9988).

As of February 10, 2025, the exchange rate is approximately 1 Hong Kong Dollar (HKD) = 0.1284 US Dollars (USD).

Today alibaba trades at HK$105.5 in HK exchange. Therefore, 8 times HK$105.50 equals HK$844.00, which converts to approximately $108.41 USD.

Just remember that alibaba US shares should be $3 more than it's HK shares, if it is a lot more than $3, you can take this oppty to sell first and buy back later

Follow me on my daily $Alibaba(BABA)$ trade https://t.me/alibabadailytrader

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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