The new U.S. depository and common share will be adopted

Source: Internet
Author: User
Keywords November tonight depository shares
Tags change exchange split stock stock exchange stocks the new u.s. stocks

November 3 News, Beijing time tonight when U.S. stocks open, the only product will take the new U.S. depository shares and common exchange ratio.

Only in early October was the announcement of the new United States Depository Shares (ADS) and common exchange ratios for November 3, with the change to 5 ads representing 1 common shares of the original shares of ads representing 2 common shares per share.

The new ads and common-stock exchange ratios that will be implemented by the product will be equivalent to a "1 split 10" for ads, meaning that the price of ads per share will become the original one-tenth.

Only the goods will be in Friday close to the closing price of 229.29 U.S. dollars, Beijing time tonight after the U.S. stock market, only the goods will be expected to turn into 22.929 U.S. dollars.

The new ads and common-stock exchange rates will not affect the total stock and shareholder ratio.

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