Learn of Today | Why did the HK stocks rebound on Thursday?
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The recent performance of Chinese concept stocks is closely related to the epidemic policy. On Thursday, a local news outlet in Hong Kong reported that the government may further ease Covid restrictions, which pushed the broader market higher in Hong Kong, reversing Wednesday's sell-off, especially those stocks that are sensitive to the economic environment.
Moomoo Learn in Chinese stocks extend rally. Will it last? shares the latest Wall Street insights on Chinese stocks. As the epidemic policy in China is further relaxed, the calls on Wall Street to buy Chinese stocks are getting louder.
Quiz of Today
Chinese stocks are known to trade in the United States in the form of American Depositary Receipts (ADRs).
A. An American Depositary Receipt (ADR) is a certificate issued by a US bank that represents shares in foreign stock.
B. ADRs offer US investors a way to purchase stock in overseas companies that would not otherwise be available.
C. ADRs can trade in the U.S. on national exchanges, but not on the over-the-counter (OTC) market.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Sherman Li : C
MooMamaLlama : **A is true.......ADR's are issued by bank and represents shares in foreign stock
** B is true...... ADR's enable U.S investors the opportunity to invest in some overseas companies they would otherwise be unable to.
*** C is also true!!!! I had to double check but yes, you can purchase ADRs then re sell on the market and/or you CAN sell OTC.
MooMamaLlama : Is this a trick question??!!
I read so much info but still have trouble deciphering some of it!!! I think I understand it then something like this makes me question 
of C is untrue I read it very wrong. Fk. I thought I was getting it but maybe I'm not!!
if not can someone please explain 'C' ??
71695804 : c
71695804 : c
doctorpot1 MooMamaLlama: C mentioned that we cannot trade ADR OTC, however that is not true. $DiDi Global Inc (DIDIY.US)$ and $Luckin Coffee (LKNCY.US)$ are examples of Chinese ADR that had been delisted, yet they are trading at the OTC market.
Bawlz09 : A
Bawlz09 : B
Bawlz09 : C
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