I was thinking about buying Alibaba stock for the long term after the recent drop in price. My point is not about this choice, but on how you would execute it. I found at least 4 possible ways of buying it:
The listed currency is irrelevant except for the cost of currency conversion. Buying the stock at SIX in CHF does not provide any inflation or exchange rate protection compared to buying the stock at NYSE in USD.
With regards to dividend taxes the domicile of the company is relevant, not the stock exchange. I don’t have any experience with stock of companies domiciled in China/HK, though, with regards to taxes or legal risks.
If you already use a broker such as IBKR with access to NYSE and inexpensive currency conversion, I’d likely buy it at NYSE. I expect slightly lower cost than at SIX. However, if this is buy and hold with very infrequent transactions, the difference could well be negligible.
Yes, that channel is more for entertainment purposes but it does a decent job in exposing CCP bulls**t.
If you want more investment-related information here is for example passage from the letter to shareholders of the biggest Hedgefund in the Czech Republic, basically, they do not invest in China because they do not consider it ethical plus in the former eastern bloc we have our very bitter experience with Communism.
We avoid some regions
You may remember that in earlier years we had several investments in China and in other countries of Southeast Asia. We devoted several years of effort to analyzing this region and we were looking for good investments there. In the end, we came to the conclusion that it would be better to avoid this region altogether. Investing is a matter of probabilities and the probability that we will succeed in searching for good investments here is lower than it is in developed markets for a number of reasons. Generally speaking, it is not worth taking risks that we can avoid simply by going elsewhere. Therefore, over the past ten years, the focal point of the Fund’s portfolio has been in developed markets
It is really vague I know, unfortunately, more info is available only in Czech.
Hell, even here in Switzerland you can start to feel the grasp of these f*ckers.
But yeah feel free to send your hardly earned cash to the regime which is committing genocide do not give a damm about human rights and will probably screw you over.
For example this CN…-only ETF I found was this one, and here all those “big names” are missing…CNYA iShares MSCI China A ETF | CNYA
Well, it does say “Exposure to the locally listed portion of the Chinese stock market that is denominated in the local currency (Chinese renminbi).”
And as far as I understand from this article, tthere is currently no Alibaba , in CN… form on any Chinese exchange. A private Chinese mainland investor also only has the US ADR and its Hong Kong listed “twin” available.