Admiral Markets expands its product offering. Chinese stocks.
Editorial note: archived material published in 2019. The information, terms and figures reflect the situation as of that date and may be out of date; this material is not an offer or a recommendation.
In the third stage of expanding the offer for the Asia Pacific region, Admiral Markets is pleased to share that we now offer ADRs of Chinese companies through stocks and stock CFDs in MetaTrader 5 accounts!
This marks the third market that includes stocks and CFDs of companies from the region, with the full offer including:
- The main Australian blue chips from the ASX 200 index, launched on October 14;
- Almost 200 stocks from the Tokyo Stock Exchange, launched on October 21;
- Over 100 ADRs of Chinese companies traded on Nasdaq and NYSE (New York Stock Exchange).
What are ADRs?
ADRs (American Depository Receipts) are negotiable instruments issued by US depositary banks that certify ownership of shares issued by non-US corporations and that can be traded through US exchanges such as Nasdaq and NYSE.
Before 1990, most ADRs were issued for companies from developed countries such as Great Britain, Australia, and Japan.
However, since 1990, more and more companies from countries such as Chile, Mexico, Brazil, India, and China have begun issuing ADRs, while emerging economies represented one third of all ADRs issued by the end of the 1990s.
Which ADRs can Admiral Markets clients access?
In this latest expansion, the total number of Chinese company ADRs and CFDs on Chinese stocks will increase to over 100. Below are a few examples:
- Baidu Inc;
- JD.com Inc;
- NIO Inc;
- Alibaba Inc;
- iQIYI Inc;
- Pinduoduo Inc;
- Ctrip.com International Ltd;
- Qudian Inc;
- Tencent Music Entertainment Group;
- Vipshop Holdings Ltd.
How can you trade and invest in ADRs of Chinese companies?
Starting October 28, 2019, these instruments are available for trading through Admiral.MT5 and Admiral.Invest accounts.
With the Admiral.MT5 account, you can access over 4,000 top instruments from around the world through CFDs (contracts for difference), including:
- 157 CFDs on Australian stocks;
- 196 CFDs on Japanese stocks;
- 48 CFDs on ADRs from China.
With our account dedicated to the buy-and-hold strategy, Admiral.Invest, you can invest in thousands of stocks from 15 of the world's largest exchanges, including:
- 151 Australian stocks;
- 196 Japanese stocks;
- 56 Chinese ADRs.
Source: admiralmarkets.ro
Risk warning: This article is for information and education only, reflects the situation as of its publication date and does not constitute investment advice, an offer or a recommendation to buy or sell any financial instrument. Trading leveraged instruments (Forex, CFDs) and crypto-assets carries a high risk of losing your capital. Past performance does not guarantee future results. Before investing, assess your objectives and risk tolerance and, if needed, consult a licensed adviser. Details: Disclaimer & Risk Warning.
Translated from the Romanian original with AI assistance.