Tencent Holdings (700) implement “scrip dividend” Notice

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:

  1. 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,
  2. 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

19.01.2022