6MonΒ·
27.09
Alibaba ADR logo
Bought x40 at $106.48
$4,259.20
12
11 Comments

But not an ADR...
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@bullish999 At least the Chinese state can't simply take away your ADR πŸ€·πŸ½β€β™‚οΈ
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@bullish999 everything else will be difficult with Chinese shares
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@bullish999 bullshit πŸ’©
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Why do ADRs exist? These certificates are used to make foreign companies easily tradable on a US stock exchange. As a shareholder from Germany, we would not be allowed to buy Chinese shares at all.
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@Getking why was I able to invest in Xiaomi directly?
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@TimLie China has banned foreigners from acquiring shares in certain sectors. You can then only participate in the share price performance viaADRs. I can't tell you whether Xiaomi falls into one of these sectors or whether you had an ADR.
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Too late my friend, but Is also a good investment
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@Wiski03 when i bought baba people send me SOS emoji, Lol
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@Wiski03 I already had this stock in my portfolio.
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@Wiski03 same πŸ˜‚πŸ˜‚
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