international depositary receipts

简明释义

国际储蓄券,国际存券收据

英英释义

例句

1.Many investors prefer international depositary receipts 国际存托凭证 for their liquidity and ease of trading on domestic exchanges.

许多投资者更喜欢国际存托凭证 international depositary receipts 因为它们的流动性和在本土交易所交易的便利性。

2.The use of international depositary receipts 国际存托凭证 allows for easier diversification of an investment portfolio.

使用国际存托凭证 international depositary receipts 使投资组合的多样化变得更加容易。

3.The international depositary receipts 国际存托凭证 market has grown significantly, allowing more companies to access global capital.

国际存托凭证 international depositary receipts 市场显著增长，使更多公司能够获得全球资本。

4.A company listed in Europe may issue international depositary receipts 国际存托凭证 to attract Asian investors.

一家在欧洲上市的公司可能会发行国际存托凭证 international depositary receipts 来吸引亚洲投资者。

5.Investors can purchase international depositary receipts 国际存托凭证 to gain exposure to foreign companies without dealing with foreign currencies.

投资者可以购买国际存托凭证 international depositary receipts 来接触外国公司，而无需处理外币。

作文

In today's globalized economy, investors are constantly seeking new ways to diversify their portfolios and gain exposure to international markets. One financial instrument that has gained significant popularity in recent years is the international depositary receipts. These instruments allow investors to buy shares in foreign companies without the complexities of dealing directly with foreign stock exchanges. This essay will explore the concept of international depositary receipts, how they work, and their benefits and risks for investors.International depositary receipts (IDRs) are a type of negotiable financial instrument that represents shares in a foreign company. They are issued by a depositary bank, which holds the underlying shares and issues receipts to investors. Essentially, an IDR is a way for investors to own shares in a foreign company while trading them on their local stock exchange. This arrangement makes it easier for investors to participate in the global market, as they can buy and sell these receipts just like any other domestic stock.The process of creating international depositary receipts begins when a foreign company decides to raise capital in a different country. The company works with a depositary bank, which facilitates the issuance of the receipts. The bank purchases shares of the foreign company and then issues IDRs to investors in the local market. Each IDR typically represents a specific number of shares in the foreign company, allowing investors to benefit from the company's performance without having to navigate the complexities of foreign regulations.One of the primary benefits of investing in international depositary receipts is the ability to gain exposure to international markets. For instance, an investor in the United States may want to invest in a promising tech startup based in Europe. Instead of going through the hassle of opening a foreign brokerage account and dealing with currency exchange, the investor can simply purchase IDRs representing shares in that European company. This ease of access encourages diversification, allowing investors to spread their risk across different geographical regions and industries.Moreover, international depositary receipts often provide investors with additional advantages, such as liquidity and transparency. Since IDRs are traded on local exchanges, they can be bought and sold easily, providing investors with quick access to their funds. Furthermore, depositary banks are required to provide regular updates about the underlying foreign company, ensuring that investors have access to relevant information to make informed decisions.However, investing in international depositary receipts does come with its own set of risks. One significant concern is the potential for currency fluctuations. Since IDRs are tied to foreign companies, changes in exchange rates can affect the value of the investment. For example, if the currency of the foreign company depreciates against the investor's local currency, the value of the IDR may decrease even if the underlying company's stock performs well.Additionally, investors must consider the political and economic stability of the foreign country where the company operates. Geopolitical tensions, changes in regulations, or economic downturns can all impact the performance of foreign companies and, consequently, the value of their IDRs. Therefore, it is crucial for investors to conduct thorough research and understand the risks associated with investing in international depositary receipts.In conclusion, international depositary receipts offer a unique opportunity for investors to access global markets and diversify their portfolios. While they provide several benefits, including liquidity and ease of access, it is essential for investors to remain aware of the associated risks. By understanding how IDRs work and conducting diligent research, investors can make informed decisions and potentially enhance their investment strategies in the ever-evolving global economy.

在当今全球化经济中，投资者不断寻求新的方式来多样化他们的投资组合，并获得对国际市场的曝光。近年来，国际存托凭证这种金融工具受到了显著的关注。这些工具允许投资者购买外国公司的股份，而不必直接与外国证券交易所打交道。本文将探讨国际存托凭证的概念、其工作原理以及对投资者的好处和风险。国际存托凭证（IDR）是一种可转让的金融工具，代表外国公司的股份。它们由一个存托银行发行，该银行持有基础股份并向投资者发行凭证。基本上，IDR是投资者拥有外国公司股份的一种方式，同时可以在当地证券交易所进行交易。这种安排使投资者更容易参与全球市场，因为他们可以像其他国内股票一样购买和出售这些凭证。创建国际存托凭证的过程始于一家外国公司决定在另一个国家筹集资本。该公司与存托银行合作，促进凭证的发行。银行购买外国公司的股份，然后向当地市场的投资者发行IDR。每个IDR通常代表外国公司中特定数量的股份，使投资者能够在不必处理外国法规复杂性的情况下从公司的表现中获益。投资国际存托凭证的主要好处之一是能够获得国际市场的曝光。例如，美国的投资者可能想投资一家位于欧洲的有前景的科技初创公司。投资者可以简单地购买代表该欧洲公司股份的IDR，而无需开设外国经纪账户或处理货币兑换的麻烦。这种便利性鼓励了多样化，使投资者能够将风险分散到不同的地理区域和行业。此外，国际存托凭证通常为投资者提供额外的优势，如流动性和透明度。由于IDR在当地交易所交易，因此可以轻松买卖，为投资者提供快速获取资金的机会。此外，存托银行被要求定期提供有关基础外国公司的更新，确保投资者可以获得相关信息，以便做出明智的决策。然而，投资国际存托凭证也存在一系列风险。其中一个重大担忧是货币波动的潜在影响。由于IDR与外国公司挂钩，汇率变化可能会影响投资的价值。例如，如果外国公司的货币相对于投资者的本国货币贬值，即使基础公司的股票表现良好，IDR的价值也可能下降。此外，投资者还必须考虑外国公司所在国的政治和经济稳定性。地缘政治紧张局势、法规变化或经济衰退都可能影响外国公司的表现，从而影响其IDR的价值。因此，投资者进行彻底研究并了解投资国际存托凭证相关风险至关重要。总之，国际存托凭证为投资者提供了一个独特的机会，可以访问全球市场并多样化他们的投资组合。虽然它们提供了几项好处，包括流动性和便利性，但投资者必须意识到相关风险。通过了解IDR的工作原理并进行尽职调查，投资者可以做出明智的决策，并在不断发展的全球经济中潜在地增强他们的投资策略。