News Snapshot:
By Smartkarma Daily Briefs February 13, 2021 No Comments In today’s briefing: Alibaba (9988 HK/ BABA): FTSE Announces Conversion Process; MSCI Next in May Changyou (CYOU US): Short-Form Merger Dissent Now Permitted HKEx (388.HK): New CEO, New Beginning By Brian Freitas At long last, FTSE Russell have announced the process for the conversion of the Alibaba Group (BABA US) line to the Alibaba Group (9988 HK) line in the Global Equity Index Series (GEIS). There will be no explicit arb opportunities on the stocks and the passive funds will need to put in a conversion request to convert the ADRs...
