Adr | ICT magazine

Posts Tagged ‘adr’

Weekend Comment Oct 22: SGX, ASX steal limelight from ADR launch

October 22nd, 2010 | No Comments

THE BIG NEWS of today was the Singapore Exchange is expected to make a full takeover bid for the Australian Stock Exchange on Monday. SGX is bigger than the ASX with a market value of around $10 billion against A$6.2 billion ($7.9 billion) for the ASX and is also trading on a multiple of 27 times against 17 times for the ASX. According to The Australian, the chairman and CEO will be from SGX and the deputy chairman will be from ASX.

ADR trading in Singapore may boost S-chips: Kim Eng

September 16th, 2010 | No Comments

ADR trading in Singapore of 19 major Chinese companies from next month may further boost interest in S-chips, says Kim Eng Securities, according to Dow Jones.

“We think this will draw more attention to the Chinese companies already listed in Singapore, much like how Super Group, Oceanus and Yangzijiang have been in the spotlight in recent months following their successful TDR listings,” says Kim Eng, adding while there are no clear comparables between these ADRs and S-chips, “what’s clear is that Chinese companies are making waves internationally and investors are showing strong demand for their equity.”

Singapore Exchange to launch ADR trading on Oct 22

September 14th, 2010 | No Comments

Singapore Exchange (SGXL.SI), Asia’s second largest listed bourse operator, said on Tuesday it will allow trading of American Depositary Receipts (ADR) from Oct 22 in a bid to boost trading volumes.

SGX will start with the ADRs of 19 Chinese firms that are listed in the United States including internet firm Baidu (BIDU.O), Aluminum Corp of China (ALUMI.UL), China Mobile (0941.HK), Petrochina (0857.HK) and software firm Netease.

SGX +1.1%; ADR trading to revive fortunes, says Daiwa

July 8th, 2010 | No Comments

Singapore Exchange (S68.SG) +1.1% at $7.42 in thin trade, mirroring gains in broad market, according to Dow Jones.

Upside appears limited as general investor appetite small. Average daily securities turnover in June merely $1.18 billion on volume of 1.03 billion shares vs $1.76 billion in May on 1.48 billion shares.

Performance so far in July remains sluggish, with volume below 1 billion shares most days. Still, some analysts hopeful of better longer-term prospects.

China Taisan Technology goes on New York road show to promote ADR issue

February 11th, 2010 | No Comments

China Taisan Technology Group Holdings, the producer of knitted performance fabrics used in sports and leisure wear, says the response from US investors was largely positive at its a road show in New York city from Jan 25–29 to promote its upcoming American Depositary Receipt (ADR) issue.

The company’s Non-Executive Chairman, Choi Cheung Kong, Chief Executive Officer Lin Wen Chang, and Chief Financial Officer Patrick Kan, was at hand to share the company’s business fundamentals and growth prospects with US investors.

US regulator grants application by Hudson Securities to act as ADR market maker for Sinotel

December 14th, 2009 | No Comments

Sinotel Technologies says Hudson Securities was given approval by FINRA (US Financial Industry Regulatory Authority) to be the market maker for the company’s American Depository Receipts (ADR) last Friday.

Based in New Jersey, Hudson Securities Inc. is a subsidiary of Hudson Holding Corp. offering a full range of corporate finance and capital market services.

Posts Tagged ‘adr’

Weekend Comment Oct 22: SGX, ASX steal limelight from ADR launch

ADR trading in Singapore may boost S-chips: Kim Eng

Singapore Exchange to launch ADR trading on Oct 22

SGX +1.1%; ADR trading to revive fortunes, says Daiwa

China Taisan Technology goes on New York road show to promote ADR issue

US regulator grants application by Hudson Securities to act as ADR market maker for Sinotel

Latest Video

Recent Posts