Alibaba 香港股票ADR Temasek, the investment vehicle owned by the Singapore government, said in September it had swapped half its stake in Alibaba — worth about US$3 billion (RM12.14 billion) — from the United States to Hong Kong. Hong Kong is home to Vanguard’s Asian headquarters. The Hong Kong ticker will be 9866. There’s a relatively low-risk way to gain from Alibaba Group Holding Ltd.’s stock should a rush of passive funds push up its valuation in Hong Kong. Explainer: Why is Alibaba listing in Hong Kong? | Reuters ADR Conversion Process | IB Knowledge Base This means that stock holders of the US-listed shares will be able to convert these shares to the HK-listed shares and vice versa.
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