European depositary receipt

简明释义

欧洲寄存单

英英释义

例句

1.Investing in a European depositary receipt 欧洲存托凭证 can provide exposure to emerging markets.

投资于欧洲存托凭证 European depositary receipt 可以提供对新兴市场的投资机会。

2.Investors can purchase shares in foreign companies through a European depositary receipt 欧洲存托凭证 listed on local exchanges.

投资者可以通过在本地交易所上市的欧洲存托凭证 European depositary receipt 购买外国公司的股票。

3.The European depositary receipt 欧洲存托凭证 allows European investors to diversify their portfolios by investing in international markets.

通过投资国际市场，欧洲存托凭证 European depositary receipt 使欧洲投资者能够多样化他们的投资组合。

4.The European depositary receipt 欧洲存托凭证 market has seen significant growth over the past decade.

在过去十年中，欧洲存托凭证 European depositary receipt 市场经历了显著增长。

5.Companies often issue a European depositary receipt 欧洲存托凭证 to raise capital in Europe without directly listing their shares.

公司通常会发行欧洲存托凭证 European depositary receipt，以便在欧洲筹集资金，而无需直接上市。

作文

In the world of finance and investment, various instruments are used to facilitate cross-border trading and investment opportunities. One such instrument is the European depositary receipt, which plays a crucial role in enabling investors to access foreign companies' shares without the need for direct investment in their home markets. The concept of a European depositary receipt can be understood as a negotiable certificate issued by a bank that represents shares in a foreign company. This allows investors to purchase shares in a company that may not be listed on their local stock exchange, thereby broadening their investment horizons.The primary advantage of a European depositary receipt is that it simplifies the process of investing in foreign stocks. Investors do not need to deal with the complexities of foreign regulations, currency conversions, or the intricacies of different stock exchanges. Instead, they can buy the European depositary receipt, which is denominated in their local currency and traded on their local exchange. This makes it easier for individual and institutional investors to diversify their portfolios and gain exposure to international markets.Moreover, a European depositary receipt can enhance liquidity for foreign companies seeking to attract international investors. By issuing these receipts, companies can tap into a broader investor base, increasing their visibility and potentially raising more capital. This is particularly beneficial for smaller companies that may struggle to gain traction in their domestic markets but have the potential for growth in international markets.There are two main types of European depositary receipts: sponsored and unsponsored. A sponsored European depositary receipt is created at the request of the foreign company, which actively participates in the issuance process and provides the necessary information to the depositary bank. In contrast, an unsponsored European depositary receipt is issued without the involvement of the foreign company, relying instead on the depositary bank to gather information about the underlying shares. While sponsored receipts tend to offer more transparency and support from the issuing company, unsponsored receipts can provide investors with additional options in terms of investment choices.Investors should also be aware of the risks associated with investing in European depositary receipts. Since these receipts represent shares in foreign companies, they are subject to the same market risks as the underlying stocks. Additionally, factors such as geopolitical events, changes in foreign regulations, and fluctuations in currency values can impact the performance of these investments. Therefore, conducting thorough research and understanding the specific risks involved is essential for any investor considering European depositary receipts as part of their investment strategy.In conclusion, the European depositary receipt serves as a valuable tool for investors looking to diversify their portfolios and access international markets. By simplifying the investment process and enhancing liquidity for foreign companies, these receipts contribute to the globalization of finance. However, like any investment vehicle, they come with inherent risks that must be carefully considered. As the financial landscape continues to evolve, the significance of European depositary receipts in facilitating cross-border investments will likely grow, offering new opportunities for investors worldwide.

在金融和投资的世界中，各种工具被用来促进跨境交易和投资机会。其中一个工具是欧洲存托凭证，它在使投资者能够访问外国公司的股票方面发挥着至关重要的作用，而无需直接投资于其本国市场。欧洲存托凭证的概念可以理解为由银行发行的可转让证书，代表一家外国公司的股票。这使得投资者能够购买可能未在其本地证券交易所上市的公司的股票，从而扩大他们的投资视野。欧洲存托凭证的主要优势在于简化了投资外国股票的过程。投资者不需要处理外国法规、货币兑换或不同证券交易所的复杂性。相反，他们可以购买以当地货币计价并在当地交易所交易的欧洲存托凭证。这使得个人和机构投资者更容易多元化他们的投资组合，并获得对国际市场的曝光。此外，欧洲存托凭证可以增强外国公司吸引国际投资者的流动性。通过发行这些凭证，公司可以接触到更广泛的投资者基础，增加其知名度并可能筹集更多资金。这对那些在国内市场上可能难以获得 traction 的小公司尤其有利，但在国际市场上具有增长潜力。欧洲存托凭证主要有两种类型：赞助和非赞助。赞助欧洲存托凭证是在外国公司的请求下创建的，该公司积极参与发行过程并提供必要的信息给存托银行。相反，非赞助欧洲存托凭证是在没有外国公司参与的情况下发行的，依赖存托银行收集有关基础股票的信息。虽然赞助的凭证往往提供更多透明度和发行公司的支持，但非赞助的凭证可以为投资者提供更多投资选择。投资者还应注意投资欧洲存托凭证相关的风险。由于这些凭证代表外国公司的股票，因此它们受到与基础股票相同的市场风险的影响。此外，地缘政治事件、外国法规的变化以及货币价值的波动等因素都可能影响这些投资的表现。因此，对于任何考虑将欧洲存托凭证作为其投资策略一部分的投资者，进行彻底的研究和理解特定风险至关重要。总之，欧洲存托凭证作为投资者寻求多元化投资组合和进入国际市场的宝贵工具。通过简化投资过程并增强外国公司的流动性，这些凭证有助于金融的全球化。然而，像任何投资工具一样，它们也伴随着固有的风险，必须仔细考虑。随着金融环境的不断发展，欧洲存托凭证在促进跨境投资中的重要性可能会不断增长，为全球投资者提供新的机会。