Leaving BNY Website

 

You are leaving the BNY Depositary Receipts' Website.
Linked sites are not under the control of The Bank of New York Mellon Corporation or any of its subsidiaries or affiliates (together, the "Company") and the Company is not responsible for the content of any linked site or any link contained in a linked site. If you choose to link to a website not controlled by the Company, you do so entirely at your own risk and the Company makes no warranties, either express or implied, concerning the content of such site, including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does the Company warrant that such site or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. The Company does not guarantee the authenticity of documents on the Internet. Links to other sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites. The Company reserves the right to terminate any link at any time.

Do you wish to continue to the linked site on these terms?

Stay On Page
Leave Page

© 2024 The Bank of New York Mellon Corporation

Depositary Receipt business and services are conducted through The Bank of New York Mellon.

BNY - DR Legal Disclaimer
 

To learn more about DRs, please contact DRBrokerSolutions@bnymellon.com.

 

The information and data provided herein are provided for general informational purposes only.  BNY does not warrant or guarantee the accuracy, timeliness or completeness of any such information or data.  BNY does not undertake any obligation to update or amend any information or data, and may change, update or amend any information or data at any time without prior notice.

 

BNY provides no advice, recommendation or endorsement with respect to any company or securities.  No information or data is intended to provide legal, tax, accounting, investment, financial, trading or other advice on any matter, and is not to be used as such.  We expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon any information or data, including market value loss on the sale or purchase of securities or other instruments or obligations.

 

Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.

 

BNY collects fees from DR holders pursuant to the terms and conditions of the DRs and any deposit agreement under which they are issued.  From time to time, BNY may make payments to an issuer to reimburse and/or share revenue from the fees collected from DR holders, or waive fees and expenses to an issuer for services provided, generally related to costs and expenses arising out of establishment and maintenance of the DR program.  BNY may pay a rebate to brokers in connection with unsponsored DR issuances; brokers may or may not disclose or pass back some or all of such rebate to the DR investor.  BNY may also use brokers, dealers or other service providers that are affiliates and that may earn or share fees and commissions.

 

BNY may execute DR foreign currency transactions itself or through its affiliates, or the Custodian or the underlying Company may execute foreign currency transactions and pay US dollars to BNY.  In those instances where it executes DR foreign currency transactions itself or through its affiliates, BNY acts as principal counterparty and not as agent, advisor, broker or fiduciary.  In such cases, BNY  has no obligation to obtain the most favorable exchange rate, makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate. BNY earns and retains revenue on its executed foreign currency transactions based on, among other things, the difference between the rate it assigns to the transaction and the rate that it pays and receives for purchases and sales of currencies when buying or selling foreign currency for its own account.  The methodology used by BNY to determine DR conversion rates is available to registered Owners upon request or can be accessed here.  In those instances where BNY's Custodian executes DR foreign currency transactions, the Custodian has no obligation to obtain the most favorable exchange rate or that the method by which the rate will be determined will be the most favorable rate, and BNY makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate.  In certain instances, BNY may receive dividends and other distributions from an issuer of securities underlying DRs in U.S. dollars rather than in a foreign currency.  In such cases, BNY will not engage in or be responsible for any foreign currency transactions and it makes no representation that the rate obtained by an issuer is a favorable rate and it will not be liable for any direct or indirect losses associated with the rate.

 

BNY is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

 

BNY's name, brand and/or trademarks may not be used, copied or reproduced without the prior express written consent of BNY.

 

DEPOSITARY RECEIPTS ARE NOT INSURED BY THE FDIC OR ANY OTHER GOVERNMENT AGENCY, ARE NOT DEPOSITS OR OTHER OBLIGATIONS OF, AND ARE NOT GUARANTEED BY, BNY AND ARE SUBJECT TO INVESTMENT RISKS INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED.

 

Please also see "Terms of Use."

ACCEPT

Please enable cookies in your browser if you wish to proceed.

Back to Daily DR Market Summary

StreetAccount Summary - Asian Market Preview: Nikkei Futures (0.34%), Hang Seng Futures +0.58%, ASX SPI 200 +0.15%, S&P Futures (0.09%)

Oct 22 ,2024

  • Synopsis:

    • Asian markets set for mixed start to Wednesday trade. Futures signaling mild opening declines in Japan while Hang Seng tracking for initial gains. ASX up slightly in initial trade. S&P 500 futures touch lower afterhours. Australian and New Zealand bonds stabilizing following recent yield backup. FX markets steady with dollar index holding near early August high. Crude pulling back while gold flat after hitting fresh record high. Bitcoin range bound.

    • Bond yield backup the big story this week, reflecting no-landing narrative traction, dampened disinflation momentum, dialing back of Fed rate cut odds, and pickup in GOP sweep expectations. Traders positioning for more volatility with US election and November Fed meeting looming as key risk events. Treasury put call spread widening with BofA also pointing out Treasury selling likely forcing CTAs out of long positions.

    • China stimulus headlines continue to roll through with press citing think tank proposal calling for additional fiscal support via special government bond issuance to bolster social welfare. Also called for a CNY2T ($281B) stock market stabilization fund. China authorities have flagged fiscal support over recent weeks with markets eyeing upcoming NPC Standing Committee meeting for possible details and headline stimulus figure.

  • Pre-open Company News:

    • 540767.IN -- StreetAccount Consensus Metrics Preview - Nippon Life India Asset Management Q2 Earnings

    • 500875.IN -- StreetAccount Consensus Metrics Preview - ITC Ltd Q2 Earnings

    • 541179.IN -- ICICI Securities chairman Vinod Kumar Dhall to step down upon term completion, effective 27-Oct

    • 000720.KS -- HYUNDAI ENGINEERING & CONSTRUCTION CO. secures KRW3T financing for Gayang-dong mixed-use development

    • 601878.CH -- Zheshang Securities reports preliminary 9M net income attributable CNY1.26B vs year-ago CNY1.33B

    • 509930.IN -- Supreme Industries reports Q2 consolidated EPS INR16.26 vs FactSet INR19.40 [4 est, INR17.90-21.20]

    • 532978.IN -- Bajaj Finserv confirms Allianz is actively considering exiting Indian life, general insurance JVs

    • SHS.VN -- Saigon Hanoi Securities reports Q3 NPAT VND68.99B vs year-ago VND198.85B

    • 7751.JP -- StreetAccount Consensus Metrics Preview - Canon Q3 Earnings

    • 500040.IN -- Aditya Birla Real Estate reports Q2 consolidated EPS (cont ops) INR1.09 vs year-ago (INR0.72)

    • 1508.HK -- China Reinsurance (Group) reports Jan-Sep aggregate primary premium income CNY39.43B

    • 9992.HK -- Pop Mart International Group provides Q3 business update; overall revenue +120-125% y/y

    • 293.HK -- Cathay Pacific Airways reports September traffic +18.4% y/y

    • 000660.KS -- StreetAccount Consensus Metrics Preview - SK Hynix Q3 Earnings

    • 500233.IN -- Kajaria Ceramics reports Q2 consolidated EPS INR5.28 vs FactSet INR6.89 [5 est, INR6.30-7.50]

  • On Deck:

    • China:

      • Economic:

        • 08:00 CST: Foreign Direct Investment Y/Y; consensus

      • Earnings:

        • SUPCON Technology (688777.CH)

    • Hong Kong:

      • Earnings:

        • Xtep International Holdings (1368.HK), Livzon Pharmaceutical Group (1513.HK), Sinopec Shanghai Petrochemical (338.HK), Hong Kong Exchanges & Clearing (388.HK), Topsports International Holdings (6110.HK), CGN Power (1816.HK), China Coal Energy (1898.HK)

    • Japan:

      • Earnings:

        • Nidec (6594.JP), Japan Aviation Electronics Industry (6807.JP), Canon Marketing Japan (8060.JP)

    • South Korea:

      • Earnings:

        • LG Display (034220.KS), JB Financial Group (175330.KS), SK Hynix (000660.KS)

    • Australia:

      • Earnings:

        • Fortescue (FMG.AU)

    • India:

      • Earnings:

        • Birlasoft (532400.IN), Navin Fluorine International (532504.IN), Godrej Properties (533150.IN), SBI Life Insurance (540719.IN), KPIT Technologies (542651.IN), Fedbank Financial Services (544027.IN), Pidilite Industries (500331.IN), Birla Corp. (500335.IN), Schaeffler India (505790.IN), V.I.P. Industries (507880.IN), Lloyds Metals & Energy (512455.IN), United Spirits (532432.IN), IIFL Finance (532636.IN), Bajaj Finserv (532978.IN), Syngene International (539268.IN), Aster DM Healthcare (540975.IN), Craftsman Automation (543276.IN), Nuvoco Vistas (543334.IN), Piramal Pharma (543635.IN)

    • Singapore:

      • Earnings:

        • Keppel Pacific Oak US REIT (CMOU.SP), OUE Real Estate Investment Trust (TS0U.SP)

  • Market Data:

    • Gold (Dec 24): +$1.70 or +0.06% to $2761.50

    • WTI Crude (Nov 24): $0.00 or 0.00% to $72.09

    • $-¥: +0.25 or +0.16% to 151.0900

    • $-KRW: (3.15) or (0.23%) to 1376.6200

    • A$-$: (0.00) or (0.19%) to 0.6680

    • $-INR: +0.02 or +0.03% to 84.1025

    • $-CNY: +0.00 or +0.03% to 7.1219

  • If you would like to receive the Asian Market Preview daily, please search for Asia Pre-Market Updates in Alert Manager.

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE