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September 24, 2020

ATFX, Details of NetEase Inc. Stock Split on October 2, 2020

The Stock Split of NetEase Inc. will be done on October 2, 2020.

Details-of-NetEase-Inc.-Stock-Split-on-October-2,-2020 Details-of-NetEase-Inc.-Stock-Split-on-October-2,-2020

Stock Split Announcement: NetEase Inc.

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.

Please see the table below for the details of NetEase Inc. Stock Split.

Symbol:#NTES
Product:NetEase, Inc. CFD
Corporate Action:1:5 stock split
Date:October 2, 2020

For more information about this market event, you may contact ATFX’s support team from the official website.

Go to ATFX Official Website

Example of trading through the Stock Split

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

TypeVolume (Lot)Open PriceTrade Date
Buy100475.10Before October 2, 2020
Buy50095.02After October 2, 2020

All pending orders (Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop) will be DELETED.

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.

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