AsiaÆs best ever year for ADRs?

CitigroupÆs global ADR boss, Sanjeev Nanavati talks about the prospects for the year and how good they look in Asia.

Are you bullish on the prospects for Asian DRs this year

Nanavati It's very hard to find years where markets as a whole run up 70% to 80% back to back. Individual stocks might, but markets tend not to. But even if the returns were half that it would be a very positive market. But a lot of people think this year's market will not be as buoyant as last year. A lot of deals are currently predicated on buoyant markets, so you could have a scenario where many of the deals being talked about - particularly in China - may not happen, simply because of optimistic valuation assumptions.

If you...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222