Baba is a case in point of why ISA compliance is an ongoing/dynamic operation. Pre mid 2020 you would have purchased the NYSE ADRs and the ‘parent’ Ordinary shares were not listed on a qualifying exchange at the time. This made BABA ineligible for ISA inclusion. However, mid 2020 BABA appears to have genuinely listed its Ordinary Shares (on which the ADRs are based) on HK trading under the ISIN quoted in the SEC filings. The FinKi API picked this up and flagged a change in ISA status.
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