Alibaba Coming Back to Hong Kong Was Right Decision: Sanford C Bernstein’s Dai

The transcript discusses the pricing expectations for Hong Kong dollars, the trading outlook for Alibaba's Hong Kong listing, and Jack Ma's ambitions. It also covers the impact of US-China relations on Alibaba and the strategic decisions made to mitigate risks, including making the Hong Kong and US listings fully fungible to allow free fund flow.

What are the expectations for the trading of Alibaba's shares once they begin in Hong Kong?

What factors might influence the share price of Alibaba in the Hong Kong market?

How does the local investor appetite for Alibaba shares compare to that of US investors?

What risks are associated with Chinese investors and US-listed stocks?

What implications does the fungibility of Hong Kong ADR and USADR have for investors?