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Depositary Receipts (DRs) for Chinese stocks Alibaba, Tencent, and Xiaomi have begun trading on the Thai Stock Exchange (SET)

GenevaTimes by GenevaTimes
April 20, 2025
in Business
Reading Time: 1 min read
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Depositary Receipts (DRs) for Chinese stocks Alibaba, Tencent, and Xiaomi have begun trading on the Thai Stock Exchange (SET)
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The Stock Exchange of Thailand is registered. DR, Chinese stock, BABA, TenThe Stock Exchange has registered 3 new DR securities referencing Chinese AI stocks, namely Alibaba, Tencent, and Xiaomi, issued by KGI Securities (Thailand) Public Company Limited, which will started trading on the stock exchange on April 17, 2025.

The 3 new DR securities reference shares of Chinese companies listed on the Hong Kong Stock Exchange, including ‘BABA13’ referencing shares of Alibaba Group Holding Limited, a global e-commerce platform and cloud computing service provider; ‘TENCENT13’ referencing shares of Tencent Holdings Limited, a social media platform, game production, and technology service provider; and ‘XIAOMI13’ referencing shares of Xiaomi Corporation Co., Ltd., a leading smartphone manufacturer and producer of AIoT (Artificial Intelligence of Things) related products and electric vehicles.

Depositary Receipts (DR) are instruments that give investors the chance to enjoy benefits akin to holding foreign securities. Investors can trade through a securities trading account in Thai Baht. Those interested in further details about these 3 new DR securities can visit the SEC website at www.sec.or.th or the issuing company, KGI Securities (Thailand) Public Company Limited at www.thaiwarrant.com or study additional DR products at www.setinvestnow.com.cent, Xiaomi, issued by KGI starting to trade on 17 April.

Source : The Stock Exchange of Thailand is registered. DR, Chinese stock, BABA, Tencent, Xiaomi, issued by KGI starting to trade on 17 April.

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