American Depositary Receipts (ADRs) American Depositary Receipts (ADRs) are negotiable securities issued by a bank that represent shares in a non-U.S. company. Alibaba Holders need to pay as much as $0.05 for converting each ADR. BABA appears to have fallen from a Head and Shoulders pattern quite a while back and has been in a long channel down. Is regulated by the Hong Kong Securities and Futures Commission, and is a member of the SEHK and the HKFE. Investors swap China holdings from Wall Street to Hong Kong as delisting threat brews US-listed firms including Alibaba, JD.com , NetEase, Yum China and New Oriental have already floated in Hong Kong. Investors swap China holdings from Wall Street to Hong Kong Alibaba Stock: Don't Worry About ADRs (NYSE:BABA) DEPOSITARY NOTICE - Citi ADR Key Takeaways. Also mentioned, for ordinary shares deposited in or received by CCASS, it would generally require 2 business days and the … Fax. Over the last few years, there have been many encouraging reforms in Hong Kong's capital market. ADR