continental depositary receipt

简明释义

欧洲大陆寄存单据

英英释义

例句

1.A continental depositary receipt represents shares of a foreign company held by a custodian bank, allowing for easier trading.

大陆存托凭证代表由保管银行持有的外国公司股票，从而实现更便捷的交易。

2.Investors should be aware of the risks associated with continental depositary receipts, including currency fluctuations and regulatory changes.

投资者应注意与大陆存托凭证相关的风险，包括货币波动和监管变化。

3.The continental depositary receipt program was launched to facilitate international investment by providing easier access to foreign equities.

为了便于国际投资，推出了大陆存托凭证计划，以提供更容易获取外国股权的途径。

4.Many companies prefer issuing continental depositary receipts to attract foreign investors without the complexity of listing directly on foreign exchanges.

许多公司更喜欢发行大陆存托凭证，以吸引外国投资者，而无需直接在外国交易所上市的复杂性。

5.Investors can buy shares in foreign companies through a continental depositary receipt which allows them to trade on local exchanges.

投资者可以通过大陆存托凭证购买外国公司的股票，从而在本地交易所进行交易。

作文

In the global financial landscape, investment opportunities have expanded significantly, allowing investors to diversify their portfolios across different markets. One of the instruments that facilitate this is the continental depositary receipt, which plays a crucial role in international finance. A continental depositary receipt (CDR) is a financial instrument that represents shares in a foreign company but is traded on local exchanges. This allows investors to purchase equity in companies that are not listed in their home country, thereby broadening their investment horizons.The primary function of a continental depositary receipt is to simplify the process of investing in foreign entities. Traditionally, investing in international stocks could be cumbersome due to various regulations, currency exchange issues, and the need for extensive research into foreign markets. However, with the introduction of CDRs, investors can easily buy and sell these receipts, which represent underlying shares of foreign companies, without having to deal with the complexities of direct foreign investment.One of the key advantages of continental depositary receipts is that they provide exposure to international markets while mitigating some risks associated with direct investments. For instance, investors can benefit from the growth potential of emerging markets or established companies in different regions without the burden of navigating foreign legal systems or tax implications directly. Additionally, CDRs are often denominated in the local currency, which helps investors avoid currency risk when dealing with foreign stocks.Moreover, continental depositary receipts contribute to market liquidity. Since they are traded on local exchanges, they attract a broader base of investors who may not have considered investing internationally. This increased participation can lead to more robust price discovery and better valuation of the underlying assets. Furthermore, as companies seek to raise capital, issuing CDRs can be an attractive option, allowing them to tap into new investor bases and enhance their visibility in international markets.However, it is essential to note that investing in continental depositary receipts does come with its own set of challenges. Investors must still conduct thorough due diligence on the underlying companies, as the performance of CDRs is tied to the success of the foreign entities they represent. Additionally, there may be differences in regulatory standards, corporate governance practices, and financial reporting between countries that could impact the reliability of the information available to investors.In conclusion, the continental depositary receipt serves as a valuable tool for investors looking to expand their portfolios internationally. By providing a mechanism to invest in foreign companies while minimizing certain risks, CDRs have become increasingly popular among both institutional and retail investors. As the world continues to globalize, understanding financial instruments like continental depositary receipts will be essential for anyone looking to navigate the complexities of international investing effectively.

在全球金融格局中，投资机会显著扩展，使投资者能够在不同市场中实现投资组合的多样化。continental depositary receipt（大陆存托凭证）是促进这一过程的金融工具，在国际金融中扮演着重要角色。continental depositary receipt是一种金融工具，代表外国公司的股份，但在本地交易所交易。这使得投资者能够购买在其本国未上市公司的股权，从而拓宽了他们的投资视野。continental depositary receipt的主要功能是简化投资外国实体的过程。传统上，投资国际股票可能会因各种法规、货币兑换问题以及对外国市场进行广泛研究的需要而变得繁琐。然而，随着CDR的推出，投资者可以轻松买卖这些凭证，代表外国公司的基础股份，而无需处理直接外国投资的复杂性。continental depositary receipt的一个关键优势是，它提供了对国际市场的曝光，同时减轻了与直接投资相关的一些风险。例如，投资者可以从新兴市场或不同地区成熟公司的增长潜力中受益，而不必直接应对外国法律体系或税收影响的负担。此外，CDR通常以本地货币计价，这帮助投资者在处理外国股票时避免货币风险。此外，continental depositary receipt有助于市场流动性。由于它们在本地交易所交易，吸引了更广泛的投资者基础，这些投资者可能没有考虑过国际投资。这种参与的增加可以导致更强的价格发现和更好的基础资产估值。此外，随着公司寻求融资，发行CDR可能是一个有吸引力的选择，使它们能够接触到新的投资者基础，并增强其在国际市场上的知名度。然而，值得注意的是，投资continental depositary receipt也面临自身的一系列挑战。投资者仍然必须对基础公司进行彻底的尽职调查，因为CDR的表现与它们所代表的外国实体的成功密切相关。此外，不同国家之间的监管标准、公司治理实践和财务报告可能存在差异，这可能影响可供投资者获得的信息的可靠性。总之，continental depositary receipt作为投资者寻求在国际上扩展其投资组合的宝贵工具。通过提供一种机制来投资外国公司，同时最小化某些风险，CDR在机构和零售投资者中越来越受欢迎。随着世界继续全球化，理解像continental depositary receipt这样的金融工具将对任何希望有效应对国际投资复杂性的人至关重要。