Replies to post #6081 on Alibaba Group Holding Ltd (BABA)

[UpTickMeA$AP]

My goodness! Hopefully others understand what they own with BABA.

Though BABA’s headquarters are in Hangzhou, China, the company is a Cayman Islands-based Variable Interest Entity (VIE). Foreign investors can’t buy stock directly in either the VIE or BABA’s operating company. Instead, they invest in what is known as a Wholly Foreign Owned Entity (WFOE) that provides capital through a loan to the VIE.

https://investorplace.com/2018/12/baba-stock-considerable-risks/

Read the Harvard link in the article also. It will help.