๐Ÿ™๐Ÿ™๐Ÿ™ ADRโ€™s Delisting from USA Stock Market

Hello,

Does anyone know what would happen to our US shares (ADRโ€™s) of Chinese companies if they get de-listed?

Dodo is currently going through this process, and have said that โ€œU.S. shares will be freely tradeable upon listing on the HK exchangeโ€.

Will Freetrade (or the individual) be forced to sell their shares? Or will Freetrade be able to carry on holding your shares if they are freely tradeable?

Iโ€™m really keen for an an answer on this one, as Alibaba could potentially face a similar fate (a stock that I own), and I want to know if I should be manually selling my shares on Freetrade now and moving the money to a different platform such as DeGiro where I can buy direct HK shares.

Thanks,
Adam

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Thanks for raising this. Weโ€™re looking closely at the latest developments around the potential delisting of certain ADRs from China. If the delisting goes ahead, weโ€™ll need to check with our custodian about how trading will be impacted. Weโ€™ll keep you posted as we know more.

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