AMTD IDEA Group to Adjust ADS-to-Share Ratio on NYSE and SGX
AMTD IDEA Group announced a change to its American depositary share ratio, affecting holders on NYSE and SGX.
AMTD IDEA Group, listed on both the New York Stock Exchange under the ticker AMTD and the Singapore Exchange under HKB, announced Tuesday it will alter the ratio of its American depositary shares relative to its Class A ordinary shares. The company made the disclosure simultaneously from Paris, New York, and Singapore.
An ADS ratio change adjusts how many underlying ordinary shares each depositary receipt represents. Such moves are typically undertaken to bring a stock's trading price into a more conventional range, improve liquidity, or align with exchange listing standards — though the company did not specify its rationale in the announcement.
Read more Century Communities to Report Q3 2026 Earnings on Oct. 28 →
The adjustment will affect investors who hold AMTD IDEA's ADSs, the instrument through which international investors — particularly those in the United States — gain exposure to the company's Class A ordinary shares. Holders should consult their brokers or the company's depositary bank for details on how the conversion will affect their positions.
AMTD IDEA Group operates across financial services and investment sectors and maintains a presence across multiple major global financial hubs. The dual listing on NYSE and SGX reflects the company's strategy of accessing both North American and Asian capital markets.
Continue reading at All Financial Services & Investing.
