Hankuu
:
I asked the customer service staff, and they said that after the stock market is delisted, we need to wait for the company to complete the liquidation. MOOMOO only serves as a platform and does not assist clients with liquidation. How long does it take for the liquidation? AI Answer (for reference only): The time is uncertain, it could take several months or even years, because QIWI is involved in many accusations and legal disputes. Shareholders need to wait for investigations and resolutions before the remaining assets can be distributed. How much funds can shareholders get back in the end? It depends on the amount of remaining assets after liquidation. If the assets are insufficient, shareholders may not be able to recover their entire capital. After the company undergoes liquidation, shareholders are generally notified, and the brokerage or platform will inform you of the next steps, most commonly depositing the funds directly into your account. What to do if you need the funds urgently? AI Answer (for reference only): As of September 2024, Qiwi has already been delisted from Nasdaq but still trades on the Astana International Exchange (AIX). The stock code is 'QIWI,' and the company will be renamed 'NanduQ.' You may consider trying this method: open a brokerage account that supports trading on AIX locally, Moomoo theoretically supports transferring stocks to other brokerage accounts, including AIX, using the DTC Free of Payment (FOP) method. However, there is a $75 fee for each stock transfer. Remember, the account name for transfer must match your name in Moomoo to avoid any potential legal disputes or technical issues. After transferring out, you can sell on the AIX market, which is also denominated in US dollars, and then transfer the cash back. There might be additional fees and local tax issues in the process, so make sure to understand before proceeding.
Magical little sun : How should it be handled?
Hankuu : I asked the customer service staff, and they said that after the stock market is delisted, we need to wait for the company to complete the liquidation. MOOMOO only serves as a platform and does not assist clients with liquidation.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
How long does it take for the liquidation? ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
What to do if you need the funds urgently?
AI Answer (for reference only): The time is uncertain, it could take several months or even years, because QIWI is involved in many accusations and legal disputes. Shareholders need to wait for investigations and resolutions before the remaining assets can be distributed. How much funds can shareholders get back in the end? It depends on the amount of remaining assets after liquidation. If the assets are insufficient, shareholders may not be able to recover their entire capital. After the company undergoes liquidation, shareholders are generally notified, and the brokerage or platform will inform you of the next steps, most commonly depositing the funds directly into your account.
AI Answer (for reference only): As of September 2024, Qiwi has already been delisted from Nasdaq but still trades on the Astana International Exchange (AIX). The stock code is 'QIWI,' and the company will be renamed 'NanduQ.' You may consider trying this method: open a brokerage account that supports trading on AIX locally, Moomoo theoretically supports transferring stocks to other brokerage accounts, including AIX, using the DTC Free of Payment (FOP) method. However, there is a $75 fee for each stock transfer. Remember, the account name for transfer must match your name in Moomoo to avoid any potential legal disputes or technical issues. After transferring out, you can sell on the AIX market, which is also denominated in US dollars, and then transfer the cash back. There might be additional fees and local tax issues in the process, so make sure to understand before proceeding.
https://www.moomoo.com/us/support/topic4_348