Following the successful secondary listings of Alibaba, NetEase and JD, we have witnessed a migration in the liquidity of these companies’ shares from US to Hong Kong. HONG KONG (Reuters) - Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 … In the MSCI China and related composite index, Baba converted ADR, which is listed on the New York Stock Exchange, into listed common stock, according to the MSCI Inc. announcement. Alibaba investors swap US-listed shares ADR In this process, investors would swap their ADR for their stock in Hong Kong. Website: www.interactivebrokers.com.hk. Shareholders of the Hong Kong-listed stock (9988) who want to convert their holdings into ADSs in New York must deposit them with Citibank Hong Kong, the custodian bank. You can call your broker or speak with a representative at the depository bank and request that your ADRs be converted into ordinary stock shares. Interactive Brokers India Pvt. 1. This means that one Alibaba ADR (listed in the US) combines 8 of its shares listed in Hong Kong. Instruction of ADR conversions-FUTU HK Help Center The InvestQuest’s View: We have already seen some of the “blue chip” Chinese ADRs like Alibaba, Netease and JD.com opening a … 6 Things to Know. Over the last few years, there have been many encouraging reforms in Hong Kong's capital market. 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. BEIJING — Stock index giant MSCI said Wednesday it is removing the U.S.-listed shares of Alibaba from its global indexes, and replacing them with Alibaba’s Hong Kong-traded shares. Alibaba Hong Kong SAR: +852 3018 8307 China Landline: 800 820 2079 China Mobile: 400 820 6895 Conference ID: 1388446 (English) Conference ID: 5973677 (simultaneous interpretation in Chinese, listen only mode) Add to Calendar Press Release Webcast Presentation  Alibaba Group Announces March Quarter 2022 and Full Fiscal Year 2022 Results. China ADR Stock Delistings: What you need to know