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Anyone knows about this?
Wah, does this means I need to pay for my BABA ADR Shares too? ![]()
$Alibaba (BABA.US)$ $Futu Holdings Ltd (FUTU.US)$
$Alibaba (BABA.US)$ $Futu Holdings Ltd (FUTU.US)$
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Vince Moo : Yes. All ADR has fee.
102793783 : Where did you u get this msg? I thought it's just a one time deduction when u buy or sell shares? No holding fee.
Poop Turtle : U buy American companies no fee. ADR got fees
B3llo OP 102793783 : In the system, I believe every financial year for individual company
B3llo OP : Thanks for the reply, if I had known, should have bought HK one instead... btw, what's the ticker for HK Futu?
thunderhearts : futu doesn't have secondary listings yet
B3llo OP thunderhearts : I see... thanks for your comment, now I'm worried for my BABA because 99% of my position is in BABA![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
doctorpot1 : fees for conversion is freaking expensive though https://fastsupport.fututrade.com/topic202/h5
Poop Turtle B3llo OP : HK one is trading at 100 shares per lot size
B3llo OP Poop Turtle : yep, no worries, I'm down 1m in BABA, not too sure how much does that translate to HK shares![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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