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Tekijä: | Lu, Wendong |
Otsikko: | Operation of ADRs and lessons drawn from its experience (original in chinese) |
Lehti: | Economic Science (c)
1994 : 2, p.19-21, 18 |
Asiasana: | NEW ISSUES SHARES FINANCING STOCK MARKETS CHINA USA |
Kieli: | chi |
Tiivistelmä: | American Depository Receipts (ADRs) is a kind of independent and negotiable securities. To make use of the ADRs way to carry out transnational fund-raising, Chinese enterprises can not only overcome inadequacy of transaction ways of stock B but also enable shares issued by Chinese enterprises to smoothly enter the international securities market. This is helpful to the standardization process of the securities market in China. |
SCIMA