Chingwei Lai

Please go to Alibabagroup.com to read the financial report.

Better price than yesterday to buy!

Impressive for those Alibaba continuing dumping shares, thank the for lowering the Alibaba stock price.

Congress will publish and approve the IPO listing requirement and valid auditing, the law is not intending to specific country, but it is a general foreign country seeking IPO listing in USA market. That is a posiive to USA investors. I hope the same IPO listing law can apply to USA company too so that it will be good for USA investors.

So far, Alibaba US stock price is US$202.81 at a discount with respect to Hong Kong Alibaba stock closing price HK$201,. Using exchange rate of US$ to HK% = 7.75314, the equivalent Hong Kong closing price is equivalent to US$207.40. People with trading accout accessing both US stock exchange and Hong Kong stock exchange, you can buy cheap at US and sell high at Hong Kong, and vice versa. Good luck trading.

To buy in US New York stock exchange and to sell to Hong Kong stock exchange, this arbitrage seems an easy way to make money.