ADR

American Depository Receipts (ADR) are shares of common stock of foreign companies denominated in dollars that are traded in the US capital market.

存托凭证(ADR)作为国际股权融资的衍生工具,在经济全球化背景下,成为世界各国特别是发展中国家在美国市场上进行股权融资的主要途径。

On Finance Innovation Risk of CDR and Its Avoidance —— With the Financial Law of Mainland and Hong Kong is Research Sample;

本文论证了中国存托凭证 (CDR)发行上的异地准入风险、外汇流通风险、间接做市风险以及资质认定风险 ,提出了以保守准入、综合监管和区际经济法律制度为核心的三元风险防范框

The pushing of DR plays important roles in those aspects, namely, innovating investment channels, enlarging financing space, promoting the development of securities market gradually.

证券存托凭证(DR)的推行对于创新投资渠道,扩大融资空间,促进证券市场渐进发展有着重要的作用。