---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39075883.md"
description: "$BABA-W(09988.HK)Looking back, the drop this year hasn't been particularly exaggerated, it's just that the cost basis is a bit higher.Earn money in A-shares, spend it in Hong Kong stocks. What year is this?😂"
datetime: "2026-03-05T06:12:34.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39075883.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39075883.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39075883.md)
author: "[一口吃成犭者](https://longbridge.com/en/profiles/14101637.md)"
---

# $BABA-W(09988.HK)Looking back, the drop this year …


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