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Conversion of the same stock between HK market and US market.
ADR conversion from US stock to HK stock: SG$800/order + US$0.05/share + Other third-party fees (if any) on a reimbursement basis
ADR conversion from HK stock to US stock: SG$800/order + US$0.05/share + Other third-party fees (if any) on a reimbursement basis
Note: For your conversion to be successfully processed, please ensure that there are sufficient funds in your account to pay the fees.
1) Client applies by sending an email to corp_action@longbridge.sg according to the template from registered email address;
2) LBS sends a confirmation email to the client;
3) LBS deducts the ADRs and fees from the client’s transfer-out account;
4) LBS updates the converted shares in the client’s account.
Long Bridge Securities Pte. Ltd.,
I intend to convert the shares in my securities account and I clearly understand the charges and risks involved. Details of the shares to be converted are as follows.
Client Information
Longbridge Account No.:
Client Name:
Conversion Information
Conversion from/to:
Stock Code:
Number of Converted Shares:
Long Bridge Securities Pte. Ltd.,
I intend to convert the shares in my securities account and I clearly understand the charges and risks involved. Details of the shares to be converted are as follows.
Client Information
Longbridge Account No.: SG12345678
Client Name: Mark Tan Chee Hong
Conversion Information
Conversion from/to: ADR to HK stock
Stock Code: BABA
Number of Converted Shares: 500
LBS will apply for the conversion with the clearing broker as soon as possible after receiving the client’s email application; LBS will send the results to the client via email.
The conversion will be completed within 10 - 20 business days after the client successfully applies for the conversion. The specific time is subject to the processing efficiency of the clearing broker. Please wait patiently if the conversion to HK stock is still not completed after 20 business days.
Conversion cannot be changed or canceled once initiated;
Once the conversion is executed, the relevant shares and fees will be locked and deducted, and the shares cannot be sold/transferred/withdrawn during this period. The locking/deduction of shares may immediately affect the client’s total asset value, related margin value, risk control status, etc. The client is responsible for the associated market volatility, asset liquidity, financing, and other related (if any) risks;
The conversion ratio varies from stock to stock. Take BABA as an example, 1 share of US stock = 8 shares of HK stock. If you have any questions, please contact our customer service.
For your conversion to be successfully processed, please ensure that there are sufficient funds in your account to pay the fees.