Which country listing should I buy for a stock (BABA)

Discussion in 'Sharemarket Investing Platforms, Tools & Services' started by madswolfe, 14th Jun, 2021.

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  1. madswolfe

    madswolfe Member

    Joined:
    20th Feb, 2021
    Posts:
    15
    Location:
    sydney
    Hello,

    I'm interested in buying some shares in Ali Baba. I've noticed on my ANZ trading app It is listed in the U.S. (BABA), Hong Kong (HKG: 9988), Germany, France and the U.K.

    Which listing should I buy? I know the U.S. has a friendly tax arrangement with Australia. Is there a best place for tax/cost purposes I should buy?
     
  2. Trainee

    Trainee Well-Known Member

    Joined:
    24th May, 2017
    Posts:
    10,256
    Location:
    Australia
    You live in australia, yes? And you are going to buy in your own name? What currency exposure do you want?
     
  3. madswolfe

    madswolfe Member

    Joined:
    20th Feb, 2021
    Posts:
    15
    Location:
    sydney
    Live in Australia, shares in my own name. I didn’t think currency exposure would matter too much because the money would be tied up in the stock?