depositary receipt

简明释义

保管单据

英英释义

例句

1.Many American companies issue depositary receipts 存托凭证 to facilitate investment from overseas investors.

许多美国公司发行存托凭证 depositary receipts以便于海外投资者投资。

2.The depositary receipt 存托凭证 allows investors to gain exposure to international markets without dealing with foreign currencies directly.

通过存托凭证 depositary receipt，投资者可以接触国际市场，而无需直接处理外币。

3.Investors can purchase shares of foreign companies through a depositary receipt 存托凭证 listed on their local stock exchange.

投资者可以通过在本地证券交易所上市的存托凭证 depositary receipt购买外国公司的股票。

4.When a company wants to attract foreign investment, it may create a depositary receipt 存托凭证 program.

当一家公司希望吸引外国投资时，它可能会创建一个存托凭证 depositary receipt计划。

5.Investors often prefer depositary receipts 存托凭证 because they simplify the process of buying foreign stocks.

投资者通常更喜欢存托凭证 depositary receipts，因为它们简化了购买外国股票的过程。

作文

In the world of finance and investment, understanding various instruments is crucial for making informed decisions. One such instrument that has gained significant popularity among investors is the depositary receipt. A depositary receipt is essentially a negotiable certificate issued by a bank to represent shares in a foreign company. This financial instrument allows investors to buy shares in companies that are not listed on their local stock exchanges, thereby providing them with greater access to international markets. The concept of a depositary receipt can be particularly appealing to those who wish to diversify their investment portfolios. By investing in foreign companies through depositary receipts, investors can gain exposure to different economies and industries that may not be available domestically. This diversification can help mitigate risks associated with investing solely in local markets. There are two main types of depositary receipts: American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). ADRs are specifically designed for trading on U.S. stock exchanges, while GDRs can be traded on multiple international exchanges. The choice between these two types often depends on the investor's location and the specific markets they wish to access. One of the key benefits of depositary receipts is that they simplify the process of investing in foreign stocks. Without depositary receipts, investors would need to navigate complex regulations and currency exchange issues when purchasing shares directly from foreign markets. However, with depositary receipts, investors can trade these instruments just like domestic stocks, thus streamlining the investment process. Moreover, depositary receipts provide investors with additional advantages such as dividends and voting rights, depending on the terms of the receipt. When a foreign company pays dividends to its shareholders, the depositary bank will convert these dividends into the local currency and distribute them to the holders of the depositary receipts. This feature makes it easier for investors to benefit from the performance of foreign companies without having to deal with the complexities of international banking. However, investing in depositary receipts is not without its risks. Investors must be aware of the potential for fluctuations in currency exchange rates, which can impact the value of their investments. Additionally, the performance of the underlying foreign company can also affect the price of the depositary receipts. Therefore, it is essential for investors to conduct thorough research and analysis before investing in these financial instruments. In conclusion, depositary receipts play a vital role in facilitating international investment. They provide investors with an opportunity to diversify their portfolios and gain exposure to foreign markets with relative ease. While there are risks involved, the advantages of depositary receipts make them an attractive option for many investors looking to expand their horizons beyond domestic markets. As global markets continue to evolve, understanding instruments like depositary receipts will be increasingly important for investors seeking to navigate the complexities of international finance.

在金融和投资的世界中，理解各种工具对于做出明智的决策至关重要。其中一种在投资者中获得显著人气的工具是存托凭证。存托凭证本质上是由银行发行的可转让证书，用于代表外国公司的股份。这种金融工具使投资者能够购买未在本地证券交易所上市的公司的股票，从而为他们提供更大的国际市场准入。 存托凭证的概念对希望多样化投资组合的人尤其具有吸引力。通过存托凭证投资外国公司，投资者可以获得对不同经济体和行业的曝光，这在国内可能无法获得。这种多样化有助于减轻仅在本地市场投资所带来的风险。 存托凭证主要有两种类型：美国存托凭证（ADRs）和全球存托凭证（GDRs）。ADRs专为在美国证券交易所交易而设计，而GDRs可以在多个国际交易所交易。选择这两种类型之间通常取决于投资者的位置和他们希望进入的特定市场。 存托凭证的一个关键好处是简化了投资外国股票的过程。如果没有存托凭证，投资者在直接从外国市场购买股票时需要应对复杂的法规和货币兑换问题。然而，有了存托凭证，投资者可以像交易本国股票一样交易这些工具，从而简化了投资过程。 此外，存托凭证还为投资者提供了额外的优势，例如根据凭证条款享有分红和投票权。当外国公司向其股东支付股息时，存托银行将把这些股息转换为当地货币，并分配给存托凭证的持有人。这一特性使得投资者能够在无需处理国际银行复杂性的情况下，受益于外国公司的表现。 然而，投资存托凭证并非没有风险。投资者必须意识到货币汇率波动的潜在影响，这可能会影响他们投资的价值。此外，基础外国公司的表现也可能影响存托凭证的价格。因此，投资者在投资这些金融工具之前进行彻底的研究和分析至关重要。 总之，存托凭证在促进国际投资方面发挥着至关重要的作用。它们为投资者提供了多样化投资组合和相对容易获得外国市场的机会。尽管存在风险，但存托凭证的优势使其成为许多希望超越国内市场的投资者的有吸引力的选择。随着全球市场的不断发展，理解像存托凭证这样的工具对于寻求驾驭国际金融复杂性的投资者来说将变得越来越重要。