Alibaba Group Holding Ltd (NYSE: BABA) debuted on Friday morning to much fanfare from investors.
In addition to affecting social media users and analysts, the IPO could also have an impact on two ETFs that concentrate on the niche.
Unlike many China-related ETFs, this duo will have the ability to add Alibaba shares to their holdings in the near future.
Because the e-commerce giant is trading on the NYSE, based in the Cayman Islands and trades as an American Depository Receipt (ADR), it will not meet the requirements for many of the MSCI and FTSE indices ETFs track. (Most indices will only add US-based stocks, and others will only add China-based companies. Alibaba meets neither requirement exclusively.)
Worth noting, the two ETFs ...
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