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$Futu Holdings Ltd (FUTU.US)$ I’m concerned abt how things w...

$Futu Holdings Ltd (FUTU.US)$ I’m concerned abt how things will progress in this whole CN and US reporting thing. what’s gonna happen to MooMoo if Futu didn’t make it through?
would it be as straight forward for me to claw back my profit? transferring shares to other platforms is not cheap..
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  • Vlastimil : First of all, having shares with broker is nothing related whether company is listed or not listed.

    Worst case scenario is that FUTU would list in HK and change ADR from US listed to HK listed. If you own any FUTU shares on FUTU, they would do it for you.

    However, I doubt China would let all Chinese companies delist as it would hurt all the Chinese and HK market. Anyway, the bottom line here is that you don’t need transfer anything. Just let them sort out issues between CSRC and US

  • Marilyn_ OP Vlastimil : Thanks

Low risk taker trying to grow wealth.
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