Success88
03-20
Yup before Berkshire invest in Japanese stock I've been investing in Japanese stock.
$Sumitomo Mitsui(SMFG)$ Will check it out $Sumitomo Corp.(SSUMF)$ too
33-year high! Will you allocate Japan shares like Buffett?
Japanese shares hit three-decade high not seen since 1990 on Monday as strong earnings and offshore demand fuelled a three-week winning streak. -------------- Will you allocate Japan shares like Buffett? Will you buy Japan companies or ETFs?
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Comments

  • hh488
    03-23
    hh488
    Can know what the difference bet $Sumitomo Corp.(SSUMF)$ this and $Sumitomo Corp.(SSUMY)$
    • hh488: 
      Coming dividend on 28 March. Does ADR shares also entitle to it and also how many ADr shares to the Tokyo main shares?  Thanks.
    • Success88: 
      Both ticker are under Sumitomo Corporation a major Japanese trading company.
      SSUMF: Common shares traded OTC.
      SSUMY: ADR shares traded on U.S. markets.


      If you're a U.S. investor SSUMY (ADR) might be more convenient due to better liquidity and accessibility. Always check fees, taxes, and trading costs associated with each type of share before investing.
  • hh488
    03-23
    hh488
    Are they the same & which one does Berkshire invested?
    • Success88: 
      The tickers SSUMF and SMFG both refer to Sumitomo Mitsui Financial Group (SMFG) one of Japan's largest financial institutions. However, they represent different types of shares traded on different markets:


      SSUMF: As mentioned OTC (Over-the-Counter) ticker for Sumitomo Mitsui Financial Group. It trades on the U.S. OTC


      On the other hand.


      SMFG
      This is the primary ticker for Sumitomo Mitsui Financial Group on the Tokyo Stock Exchange (TSE)
      - It represents the company's ordinary shares traded in Japan.
      - SMFG is the main listing and typically has higher liquidity and trading volume compared to SSUMF.

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