E-commerce & cloud. One company, up to three tickers across different markets. Here are all of them, and how a foreign investor can actually own it.
| A-share (mainland) | H-share (Hong Kong) | US ADR (New York) |
|---|---|---|
| — not listed | 9988.HK HKEX | BABA NYSE / NASDAQ |
You can reach Alibaba two ways from outside China: the US-listed ADR BABA through any normal US brokerage, or the Hong Kong H-share 9988.HK through an international broker with HK access. Because it is dual-listed, an ADR holder has a clear landing spot in Hong Kong if the US line were ever delisted.
ADR delisting risk: Alibaba's US line BABA is rated Low in our model (the dominant mitigant is its Hong Kong listing status). See the ADR Risk Checker for the full breakdown.
Dual-primary listed in Hong Kong and New York. If US delisting ever happened, shares convert to HK (9988).
It depends on the market: 9988.HK / BABA. Alibaba trades across multiple markets as listed above.
You can reach Alibaba two ways from outside China: the US-listed ADR BABA through any normal US brokerage, or the Hong Kong H-share 9988.HK through an international broker with HK access. Because it is dual-listed, an ADR holder has a clear landing spot in Hong Kong if the US line were ever delisted.
Yes — it trades on US exchanges as BABA, buyable through any US brokerage (mind HFCAA/VIE risk).