During your research, you may come across stocks listed in currency X but with financial data provided in currency Y.
For example, Alibaba stock is listed in New York with a price in $ (USD) but financial figures in 元 (yuan).
This happens when a stock or ETF is listed on multiple different markets. For example, Alibaba is listed on the Hong Kong exchange (primary or main listing) but also in New York, Switzerland, and Germany (secondary listings).
This allows a company from one country to “export” its stock to other countries in the local currency to be more attractive for international investors.
On Invvest, we detect the different listings and display them for you. To find them, simply click on the ISIN of the asset under its name on the sheet. This opens a menu of listings with a blue star for the primary listing and an orange half-star for the secondary listing(s).
To return to the initial question, for almost all financial data (fundamentals, dividends, valuation, scores, segmentation, etc.), we duplicate the data from the primary listing to display it on the page of the secondary listings.
We do not perform any currency conversion for simplicity and to avoid issues related to exchange rate fluctuations.
This is why you will see data in dollars on the listing of Apple's euro quotation in Germany or data in Yuan on the listing of Alibaba's dollar quotation in New York.
