Hence, even though a stock may have an ADR or GDR it may not be possible or sensible to buy this. In general, only sponsored depositary receipts listed on a recognised stock exchange with reasonably liquidity are a sensible investment. In other cases, it may be best to i...
of China Working Paper Series No.2020/9 November 2, 2020 AH and A-ADR Premiums Zhang Xuechun, Xu Ruihui, Liu Xue1 Abstract: This paper explores the micro-, meso- and macro-level determinants of the AH and A-ADR premiums using share price data from cross-listed companies over 2002-2020...
costs. The company was founded by Aditya Tapishwar Puri in August 1994 and is headquartered in Mumbai, India. Competitors NameChg %Market Cap ICICI Bank Ltd. ADR-4.35%$120.6B State Bank of India GDR0.00% Advertisement Advertisement Search Results...
ADR and GDR are commonly used by the Indian companies to raise funds from the foreign capital market. The principal difference between ADR and GDR is in the market; they are issued and in the exchange, they are listed. WhileADRis traded on US stock exchanges,GDRis traded on European stock ...