AliBaba to be dislisted from US stock exchange? | The Investment Quadrant by The Fifth Person

Questions › Category: Miscellaneous › AliBaba to be dislisted from US stock exchange?

POH asked 11 months ago

Hi Rusmin
I just watched your recent Youtube on “Should I buy or sell AliBaba”. To add to your youtube, can you comment on the implication of the shares on the back of yesterday’s announcement by the US to consider delisting Alibaba from NYSE? What should we do? As an investor of Alibaba should we sell the shares now before they suffer the same fate of the China Telco companies which will be delisted soon from NYSE.
Thanks

1 Answers

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Victor Chng answered 11 months ago

Hi POH,

Since Alibaba is dual listed, you can convert the US shares to Hong Kong is you are afraid of delisting. For the conversion, you have to contact your broker for instruction.