This number here is how many HK shares you can get for every ADR shares
In case you are worried about Chinese stock delisting, some stocks like $NIO Inc(NIO.US$ amd $Alibaba(BABA.US$ have a secondary listing in Hong Kong. So your ADR shares in the US market can be converted to HK shares at the stated conversion ratio.
You can see the conversion ratio in moomoo under Conv. Ratio. so Nio have a ratio of 1 which means 1 $NIO Inc(NIO.US$ exchange for 1 $NIO-SW(09866.HK$.
You can see the conversion ratio in moomoo under Conv. Ratio. so Nio have a ratio of 1 which means 1 $NIO Inc(NIO.US$ exchange for 1 $NIO-SW(09866.HK$.
here we can see that 1 $Alibaba(BABA.US$ share can exchange for 8 $BABA-SW(09988.HK$ shares, as the conversion ratio is 8.
these Chinese stocks also can be converted to HK shares in case of delisting $JD.com(JD.US$, $Tencent(TCEHY.US$, $Bilibili(BILI.US$, $XPeng(XPEV.US$
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NoOneKnowTrend : do you know how much is the conversation fee?
doctorpot1OP NoOneKnowTrend: that one need to ask the customer service. But if the company no choice have to delist in US, most likely conversion is free as the company will pay for conversion.
SallyLing37 : May I know everyone can see conversion ratio in your screen? I can’t. Can guide me how to make it appear in my quote screen for China stock?
doctorpot1OP NoOneKnowTrend: I found the fee already. here is it
doctorpot1OP SallyLing37: you go to the quote then expand it out by clicking the down arrow as seen in picture 1. Then you can see the conversion ratio. Not all China stock have a secondary listing. Those won't have conversion ratio. some example that cannot convert to HK shares are like $Futu Holdings Ltd (FUTU.US)$ $UP Fintech (TIGR.US)$ $DiDi Global (Delisted) (DIDI.US)$