this is something that mark mobius was talking about yesterday.e a beef with company you have to go to court in china to challenge it. not is something that might be possible. you don't have a good chance of succeeding. one of the reasons why hong kong there, u.s. ipo investors appeared ready to pick it up as well. when they look at the price to earnings, the future earnings relative to its peers, like the other chinese tech companies, they think it is a bargain. >> a bargain. there are conservatives around theaba and concerns about corporate structure and whether or not we will see a repeat of the pitfalls. let's talk about those issues. --will talk to philip that's philip betz. alibaba, you look at the opportunity and the press. that exists out there. i buy the stock i don't get to control my money. i'm handing responsibility. in terms of risk and opportunity how do they balance out? >> i think overall you are looking at a successful company with a long track record in e-commerce which is probably the best way to monetize the internet. exposure

mark mobius is warning investors to think long and hard before buying any shares.this. >> my advice is for investors to be cautious and look at the fine print and don't despite the temptation don't get involved in these things if you think you're not going to have any recourse. >> reporter: are you saying don't invest in alibaba? >> yes, i am -- i would say, not a good idea. i'm not saying you're not going to make money. but i'm saying that that kind of structure is quite risky and it's probably not a good idea to go after it. >> now, experts, of course, advise potential investors to always carefully consider risks before putting down any money and we've got some resources for you, as well. we've compiled a list. investors might want to review as they ponder buying into alibaba. you can find all of that and as well as more details on this ipo at our website, money.cnn.com. >>> coming up next for you on cnn, photos of airplane passengers behaving badly. they've gone viral. are you showing up in these images? hopefully not. you'll be amazed at what people do on a pla

if you think i'm being paranoid i will tell you this, go to barrons.com, have interesting piece, mark mobiusinternational emerging markets investor raising that very point that could happen. he really doesn't like this. unless you're a momentum player. what is momentum player, if you want to trade the stock up, down, go sideways, fine you will have your hearts content. if you want to be investor long term there is significant risk here. one question alibaba management has to answer when they do answer questions in the next coming days is, give us a range of one to 10 that the chinese government, and this is not the u.s. government as much as we like to beat up on the obama administration, they are part of the democratic process. they believe essentially in our system of government. and in our economic system. the chinese government, who knows where they come out. will they be the structure with the cayman islands, called a vie structure, will they deem that structure illegal. jack ma should be asked point-blank, one to 10, jack, tell me where you come out on this? that is key to every indivi

is one of these things where a lot of investors appeared to be ready to overlook this issue but mark mobiustwo issues. the one you pointed out which is how nearly all chinese companies list in the u.s., variable interest structure that allows them to circumvent chinese laws that forbid significant amounts of foreign investment. is it disallows the after thefrom going underlying assets and another issue which is if you look at the corporate structure of the company you have 30 partners in the company determining the makeup of the board. that is fine if you agree with what the board does. so you are a little bit of a passenger on the journey if you're going to buy into this. alwayshoo! which is singing their praises making it an issue because they transferred the control of ali pay to accompany controlled by jack ma. was sorted out along the structures of the way that these 30 corporate directors wanted because they are the ones in charge of the board. >> plenty of concern. there was plenty of concern about greece. the greek roadshow is here in london today and tomorrow and ceo.row we speak w