English
繁體中文Tencent Holdings (700) announced that it will implement a “scrip dividend” plan. Eligible Tencent Holdings (700) shareholders will receive 1 share of JD.com (9618) for every 21 shares held, and the Ex-dividend date is January 20, 2022.
As ATFX offers Tencent Holdings shares CFD (#HK0700) price which is derived from the share on the Hong Kong Exchange. Therefore, ATFX will follow the “scrip dividend” plan, but ATFX will adopt a Cash adjustment instead of giving JD.com (#HK9618) share CFD.
Symbol | Product | Scrip dividend details | Adjustment Date |
#HK0700 | Tencent Holdings CFD | For every 21 shares CFD of #HK0700 held, adjust the cash value of 1 share CFD of #HK9618 | After market close on January 19, 2022 |
The examples below describe how ATFX adopt a Cash adjustment for #HK0700
Sample 1:
Date | Order Type | Number of shares held (#HK0700) | JD.com CFD (#HK9618) closing price | Cash Amount credit to Clients |
After market close on January 19, 2022 | Buy | 100 Shares | 268.50 HKD | 1278.05 HKD(Cal: 100/21×268.50) |
Sample 2:
Date | Order Type | Number of shares held (#HK0700) | JD.com CFD (#HK9618) closing price | Cash Amount debit to Clients |
After market close on January 19, 2022 | Sell | 100 Shares | 268.50 HKD | 1278.05 HKD(Cal: 100/21×268.50) |
Note:
Clients who holding BUY position on #HK0700 will receive a Cash as adjustment; Clients who holding SELL position on #HK0700 need to pay a Cash as adjustment,
The Cash amount will be converted into US dollar and credited to the Client’s trading account (or deducted from the Client’s trading account).
Please feel free to contact us via email: cs.gm@atfx.com or call: 400-1200-143 if you have any questions.
Sincerely,
ATFX
