A Sino DR boom?

Specialists in the depositary business are predicting a boom in DR issuance thanks to China.

Not excited by ADRs from China It's not surprising. Regional investors are accustomed by now to the routine issuance of American depositary receipts ADRs by Chinese companies. The process is a familiar one a Chinese company carries out its main listing in Hong Kong, but a portion of the issuance is earmarked for the US market.

But take one scenario that is being bandied about by DR specialists and you could soon be looking at a flood of issuance with a far greater significance than you have seen so far.

The driver in this process could well be China. Despite listing some solid companies in...

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