Subject: Re: PDD
I looked into the VIE issue, it was a big discussion point 3 years ago. I spoke to my broker and they'd just transfer my ADR listing to HK shares if it's delisted.

I have Tencent in HKD, Alibaba both HK and ADR and Baidu and JD ADR.

For tencent there's a TCEHY ADR but I cannot trade this so that's why I purchased the HK.

If they're delisted I'm personally comfortable holding the HK shares.