alwaysheng
commented on a stock · May 5, 2022 22:12
$Futu Holdings Ltd (FUTU.US)$ I saw the news that FUTU is mo...
$Futu Holdings Ltd (FUTU.US)$I saw the news that FUTU is moved to the "conclusive" list. What happen if FUTU is forced to delist in US? Does it mean I'll lose all the my current FUTU shares? can anyone advise please?
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wan666
:
Don't think too much about another violent backlash tomorrow
喵喵哥
alwaysheng
OP
:
Even if it's actually refunded, your shares must still be there; they just aren't in circulation in the US. Moreover, for these Chinese companies, there are alternatives such as going to the Hong Kong stock market and then going public. In this case, your shares will be transferred.
understanding Antelo
:
every now and then they will announce such news, always after being bullish. this wasn't the end of the road for Chinese ADR but a report that has a deadline esp when the China Govt has given the support of these ADR to invest in foreign country.
Bull Run
:
This kind of news will come soon, but it will come to nothing after a blow. It will be played again next time. It's numb. The trick of a liar.
wan666 : Don't think too much about another violent backlash tomorrow
wan666 : I don't know how many times these companies and the government have added to the delisting list have clarified. Buy buy buy with confidence
alwaysheng OP : So what should I do if I actually quit? Is it true that I can't get my money back? What if...
喵喵哥 alwaysheng OP : Even if it's actually refunded, your shares must still be there; they just aren't in circulation in the US. Moreover, for these Chinese companies, there are alternatives such as going to the Hong Kong stock market and then going public. In this case, your shares will be transferred.
understanding Antelo : every now and then they will announce such news, always after being bullish.
this wasn't the end of the road for Chinese ADR but a report that has a deadline esp when the China Govt has given the support of these ADR to invest in foreign country.
Bull Run : This kind of news will come soon, but it will come to nothing after a blow. It will be played again next time. It's numb. The trick of a liar.
alwaysheng OP 喵喵哥 : Thank you.