Any experience with trading on Franfurt exchange for stock primary listed in Shangai or Hong Kong?

Discussion in 'International Stock Markets' started by Mladen Adamovic, Nov 18, 2020.

  1. Mladen Adamovic

    Mladen Adamovic New Member

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    For example, Bank of China is primary traded on Hong Kong exchange but it listed on Frankfurt exchange.

    However, on Frankfurt exchange average daily volume is approx. 7.5K EUR with some days no trade at all on Frankfurt exchange for this share.

    So is buying of this stock viable for single trades of ~50K EUR on Frankfurt?

    What happens with a dividend if you bought it through the Frankfurt exchange? How it is calculated from HKD dividend? Are there some additional provisions by exchange when a dividend is paid?
     
  2. Tom Teel

    Tom Teel New Member

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    Not sure about the dividend share but this segways well into an investing phenominon that has puzzled me for years.

    Companies outside of the US, often maintain a secondary listing in the US. Examples such as Tencent (TCTZF), Nintendo (NTDOY). Shell (RYDAF) and many more. The odd thing is these are far from being penny stocks but they all trade on the OTC. this allows thses companies to avoid filing with the SEC four times a year, being vulnerable to an audit and the like.

    My questions is why are these companies not compelled or forced to list on one of the big three exchanges?
     

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