Comments on: Bought 2000 Alibaba.com Shares http://www.thesunsfinancialdiary.com/investing/bought-2000-alibabacom-shares/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/bought-2000-alibabacom-shares/#comment-32116 Sun Fri, 21 Dec 2007 15:18:50 +0000 http://www.thesunsfinancialdiary.com/investing/stock/bought-2000-alibabacom-shares/#comment-32116 Linda: Yes, you have to deposit USD first then convert it to HKD. I paid around $11 for the conversion regardless the amount you convert. Linda: Yes, you have to deposit USD first then convert it to HKD. I paid around $11 for the conversion regardless the amount you convert.

]]> By: lindahttp://www.thesunsfinancialdiary.com/investing/bought-2000-alibabacom-shares/#comment-31996 linda Thu, 20 Dec 2007 17:59:40 +0000 http://www.thesunsfinancialdiary.com/investing/stock/bought-2000-alibabacom-shares/#comment-31996 sun:how do you use HKD to buy the shares? did you convert your US$ into HKD? any conversion fee?please explain. thanks sun:

how do you use HKD to buy the shares? did you convert your US$ into HKD? any conversion fee?

please explain. thanks

]]> By: STLPlacehttp://www.thesunsfinancialdiary.com/investing/bought-2000-alibabacom-shares/#comment-31908 STLPlace Wed, 19 Dec 2007 20:46:20 +0000 http://www.thesunsfinancialdiary.com/investing/stock/bought-2000-alibabacom-shares/#comment-31908 Sun, I certainlly wish Alibaba worked out like LFC did for you. But honestly, I felt it may work out like Baidu (best case scenario) did: BIDU was fully priced during 2005 IPO and it started to exceed first day price until this year?The thing I am not sure about Alibaba is:1) The group now has 5 or 6 divisions and Alibaba is one of them. There could be lots of related transactions going on (acct. games), but we don't know.2) The slowdown of Chinese exports will affect Alibaba's business directly. Sun,
I certainlly wish Alibaba worked out like LFC did for you. But honestly, I felt it may work out like Baidu (best case scenario) did: BIDU was fully priced during 2005 IPO and it started to exceed first day price until this year?

The thing I am not sure about Alibaba is:

1) The group now has 5 or 6 divisions and Alibaba is one of them. There could be lots of related transactions going on (acct. games), but we don’t know.

2) The slowdown of Chinese exports will affect Alibaba’s business directly.

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