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  1. #1
    Member
    Join Date
    Nov 2011
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    Coral Springs, Florida
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    10,788

    China Stock De Lisintg

    I own about 1000 shares of China Mobile in one account and was just notified by my broker that we can convert them to the shares that trade on the Hong Kong exchange. I think each broker will handle these differently. I am going to go ahead and convert so I have a security priced in something other than dollars. Not a big position and I am sort of curious to see how it works out from a return perspective. He said it would take 2-6 weeks to convert. Just posting this in case anyone else hold any Chinese stocks on the de list list.

  2. Stocks/Investments Moderator boneil's Avatar
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    Jul 2010
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    Aberdeen, MD
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    12,147
    #2
    No Chinese stocks for me. You never know when the CEO will disappear or the Govt comes in and takes over.

  3. Member
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    Nov 2011
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    #3
    Quote Originally Posted by boneil View Post
    No Chinese stocks for me. You never know when the CEO will disappear or the Govt comes in and takes over.
    I think the government controls China Mobile so it should be safe

  4. Member bigbitef11's Avatar
    Join Date
    Feb 2014
    Location
    mitchell, sd
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    556
    #4
    Thanks Nitro27. Now that dems have control I bought JD.com, hopefully the brokerage can help me out if it comes to that.
    To fish or not to fish?
    What stupid question.