Stock Split Announcement: NetEase Inc.

Dear Client,

NetEase Inc. announced that their Board of Directors approved a stock split, effective from Friday, October 2, 2020. Each NetEase shareholder will receive a dividend of four additional shares of common stock for each then-held share. NetEase shares will begin trading on a split-adjusted basis on October 2, 2020.

Since ATFX offers CFDs for NetEase (#NTES) shares, which are derived from NetEase shares on the US Exchange, the shares’ price will also undergo stock split.

SymbolProductCorporate ActionDate
#NTESNetEase, Inc. CFD1:5 stock splitOctober 2, 2020

The example below describes how #NTES 5-for-1 stock split affects current holding position

TypeVolume (Lot)Open PriceTrade Date
Buy100475.19Before October 2, 2020
Buy50095.02After October 2, 2020

Note:

  1. All pending orders (Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop) will be DELETED.
  2. In order to ensure the price stability after the stock split and avoid the influence on clients’ trading, the trading hour of #NTES on October 2, 2020 will start on 16:38 (MT4 server time), which will have a 5-minute delay.

If you have any queries, please feel free to contact us via email: cs.gm@atfx.com.

Sincerely,

ATFX

28.09.2020