facebookWhat happens if the Chinese shares I'm holding gets delisted from the US Market? - Seedly

Anonymous

31 Mar 2021

General Investing

What happens if the Chinese shares I'm holding gets delisted from the US Market?

I'm using TD. I read that if the Chinese stock is dual-listed e.g. Alibaba, our US shares will/can be converted to the HK-equivalent at 1 US : 8 HK ratio. But I'm not familiar with the conversion process. Also, I'm using TD Ameritrade, which trades US stocks only and the depository bank is some Canadian bank. Would I still be eligible for this conversion if the stock unfortunately gets delisted?

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Brendan Wong

31 Mar 2021

Economics Undergraduate at Nanyang Technological University

Once a stock is delisted, the company’s shares can keep trading through a process known as “over-the-counter.”

Delisting doesn’t mean that the company’s shares can’t trade. They just can’t trade on the exchange :)

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