11Mon·

Which Xiaomi share ($1810 (+1.71%) and $XIACY (+2.61%) ) are you buying - with or without ADRs? As far as I have researched, Xiaomi ADRs are only traded in the USA. However, at Trade Republic in Germany I see that I can buy both variants of Xiaomi shares. Now I am unsure which is the better choice. What would you recommend?

5 Comments

Michi@Monchmichi87

11Mon

Without ADR

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Kai@Dividenden-Sammler

11Mon

ADR is not a share but a bond issued by a US bank. It reflects the price of the "actual" share.
So always take the "right" share, but are you sure about the political risk?

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Mediengestalter@equity_expert_640

11Mon

@Dividenden-Sammler What political risk do you mean?

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Kai@Dividenden-Sammler

11Mon

@equity_expert_640 I'm not right now, my $1810 is Chinese, right? In China, the Communist Party calls the shots - as a shareholder, you don't have much say and if things go badly, you can quickly lose your shares. The Chinese leadership doesn't like to be told what to do with "their" companies - but they are happy to take capital from foreign investors as long as it benefits them.

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Ismetnrw_@Ismetnrw_

11Mon

I have them without .31% in plus!

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