By a stronger base I meant that retail investors account for a higher percentage of trading in HK versus NY. The FT estimates 25% in HK versus just 2% in NY. Anyway I think my point was clear that Alibaba not listing in HK was not a relevant example.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.