$Alibaba(BABA)$It's on the SEC chopping board of delisting. When the name is up there, it's a matter of time that delisting will be a Done deal.
So, BaBa will be " suffering " or facing in less abrasive term exactly the same fate like BaiDu (09888). Making its way to HKE as primary listing ❓
When BaiDu was listed at HKE, it was HK$200. Now, it is about HK$137which is 40% down. It falls out of investors' radar for good.
By same analogy, can BaBa primary listing be at HK$690 roughly by US$-to-HK$ exchange rate❓
Will the price be down by 40% from its initial listed price when falling out of investors'radar ❓
My guess it will suffering the same fate ❗🤔
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