Buying Xiaomi American Depositary Receipts (ADRs):
- This is the simplest and most common way for US investors to buy Xiaomi stock.
- ADRs represent shares of a foreign company (in this case, Xiaomi) that are traded on a US stock exchange.
- Xiaomi’s ADR trades under the ticker symbol XIACY on the OTC Markets.
Buying Xiaomi shares directly on the Hong Kong Stock Exchange (HKEX):
- This method allows you to buy actual shares of Xiaomi (stock code: 1810), but it’s a more complex process and not recommended for all investors.
- It typically involves opening an international brokerage account that allows trading on the HKEX and navigating potential currency conversion and other fees.