NIO - NIO - Share Chat

[Leonangell90 (Leon Angell)]

For god sake freetrade, we are missing out on some gains

[Leonangell90 (Leon Angell)]

Thanks. Really hate the fact of having multiple portfolios, I want 1 for everything but if that shares spikes and I get in too late. I’ll kick myself.

[Investor1]

Know how you feel “The fear of missing out “

[askary97]

Any chance this is coming soon?

[Newbiechunk (Newt)]

Any chance for this stock coming to Freetrade?
Any info would be good.

[anon810895]

Here you go:

An update on adding thousands of new US stocks

[1*J4OqDQj1iVGWD1E4Jg-g2A] UPDATE: We expect to add the stocks when the fractional shares rollout is complete in May 2020. We’ve been talking for a while now about adding thousands of new US stocks to your Freetrade app. Here’s an update on how and when that’s going to happen. Part one: community requests Lots of you have requested and voted for stocks. Thank you! Before we share details of what we will be adding first, here are some securities we won’t be able to add quite yet: …

[Newbiechunk (Newt)]

Whoho! Thanks man, highly appreciated!

[Han]

Chinese electric carmaker NIO surges 30% as it confirms talks for more than...

[engineer]

[askary97]

And yet still not on Freetrade

[anon810895]

Thank god.

Those buying at $10 would still be very very sore.

[malhal]

While waiting on Freetrade to add NIO I managed to trade it on Eqi but the fees are high.

[Sabri]

At least it is on now, it may not be on ISA if it is not visible to you

[Maxdev (Max)]

Is this because it’s Chinese stock market? It would be excelllent to have in isa

[Sabri]

I don’t know, but I’m sure someone in the community will explain why in a moment or two

[Raul (Ann Onymuz)]

@Maxdev

Is this because it’s Chinese stock market?

Precisely

[Raul (Ann Onymuz)]

@Viktor @Freetrade_Team

Blog post on ADRs please?!

Meanwhile we can check these

Understanding American Depositary Receipts (ADRs): Types, Pricing, Fees, Taxes

@adavid

Was just reading about it this morning. They are ADRs (American Depository Receipts)

The International Investor – 19 Jul 11

Holding foreign stocks in an ISA or SIPP

Many UK investors don’t realise that a personal tax wrapper – ie an Individual Savings Account (ISA) or a Self-Invested Personal Pension (SIPP) – can be used to shelter foreign shares from tax. Mos…

@SebReitz

ADRs carry some disadvantages/fees. So it’s better to own the actual share, not the ADR. https://topforeignstocks.com/2016/05/13/adr-fees-what-is-it-and-why-it-is-important-be-aware-of-it/

@Nicola

One other thing to bear in mind when looking at investing in US stocks in your ISA is ADR’s.

Firstly, what are they? An American Depositary Receipt is a way for non-US companies to allow trading in the US market, they are owned and issued by US banks.

Can they be held in an ISA? This all depends on the underlying company and where it is traded, it is not based on where the ADR is traded (eg NYSE, NASDAQ). If the underlying company is traded on a recognised exchange then you can invest in your ISA, but if it isn’t then you can’t.

So, if you buy an ADR for a Canadian company which is listed on the Toronto stock exchange, that can go into your ISA. But, if you buy an ADR for an Indian company, where there isn’t a recognised exchange, this can only go into a GIA.

From a Freetrade’s blog post:

You can invest in everything in our universe, except certain investments such as Chinese stocks, like Alibaba, Ctrip and Baidu, or the Israeli company Teva Pharmaceuticals. These trade as ADRs on US exchanges and aren’t ISA eligible.

[Bombastic_Bear]

NIO stock making steady gains recently but jumped 30% at opening today

[ZZ33 (kgb)]

One love for Nio

[Master-Sharefu (Stevie)]

Another case of i wish i had bought more! Is there a case to be made that once you’ve done your research and decide to invest in a stock you should take up a significant position in it rather than a smaller one?