Schwab says they can only talk to me about IPOs via the telephone. email, etc not OK, according to Schwab's interpretation of US law/regulation.
Other broker has only possible secondary offerings, but not yet.
I'm not into Alibaba.
Schwab says they can only talk to me about IPOs via the telephone. email, etc not OK, according to Schwab's interpretation of US law/regulation.
Other broker has only possible secondary offerings, but not yet.
I'm not into Alibaba.
Err, developing markets such as the US?
FWIW, WVR (Weighted Voting Rights) may be coming to HKEx too - HKEx News Release
Not going to happen unless / until they sort out better shareholder protection.
The reason split share classes work in the US is because there is better shareholder protection, such as the provision for class actions and more disclosure requirements.
What I think will happen in the US with Alibaba is that while the times are good no-one is going to do / say anything, but at any point if there are problems with the company there are going to be many many shareholder actions against the company.