Zuoan Fashion Limited America (ZA)

[RealDutch]

I can't be sure. But my broker told me DB was planning a conversion. 16 common for 1 ADS. They also said that was the initial plan but they can't be sure now.

Nobody said anything about selling. Perhaps your broker will force you to sell because you can't hold them in your account. But my broker didn't get into that. There's also the question of who has to pay the conversion fee. They didn't answer that question either.

So it does seem that the books are closed. The ADR's frozen or whatever. You still own the stock. IMO.