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 (0.54%), Hang Seng Futures (1.04%), ASX SPI 200 (0.33%), S&P Futures +0.09%

Oct 23 ,2024

  • Synopsis:

    • Asian markets set for negative start to Thursday trade. Futures signaling opening declines in Japan and Hong Kong. ASX lower in initial trade. US contracts gaining afterhours with TSLA +12%. Australian bonds under pressure following latest Treasury yield backup. FX markets steady as yen nears three-month low against dollar. Crude edging up from overnight lows while gold flat after retreating from record high. Bitcoin flat after pulling back from $70K.

    • In macro news, BOJ Governor Ueda said while large uncertainty warranted moving cautiously and gradually on rates, moving too slowly could lead to build-up of speculative positions. Comes as latest Bloomberg survey showed narrow majority of economists anticipate December rate hike. Elsewhere, RBNZ Governor Orr flagged measured approach to rate cuts amid persistent inflation.

    • On Asia macro front, South Korea Q3 GDP growth slowed by more than expected amid surprise drag from exports. Asia flash PMIs out later today. Earnings another focus with TSLA rallying afterhours after earnings topped expectations with company also projecting slight increase in deliveries. However, IBM lower after revenue underwhelmed. SK Hynix delivered bottom-line beat.

  • Pre-open Company News:

    • 532978.IN -- Bajaj Finserv reports Q2 consolidated EPS INR13.0 vs FactSet INR13.97 [1 est]

    • 601168.CH -- Western Mining initiated buy at Great Wall Securities (timing uncertain)

    • 540719.IN -- SBI Life Insurance reports Q2 profit after tax INR5.29B vs FactSet INR4.72B [2 est, INR4.34-5.10B]

    • 338.HK -- Sinopec Shanghai Petrochemical reports 9M operating data

    • 601669.CH -- Power Construction Corporation of China reports Jan-Sep new contract value CNY861.12B, +5.4% y/y

    • 539268.IN -- Syngene International reports Q2 consolidated net profit INR1.06B vs FactSet INR986.0M [6 est, INR683-1.28B] (15:22 IT)

    • 522.HK -- ASMPT to sell its 49% stake in Advanced Assembly Materials International to Shenzhen Original Advanced Compounds in exchange for new shares and cash

    • 300487.CH -- Sunresin New Materials reports Q3 net income attributable CNY192.3M, +11.7% y/y

    • 1199.HK -- COSCO SHIPPING Ports to buy stakes in Thailand's Laem Chabang Port operators for $110.0M combined in cash

    • 601009.CH -- Bank of Nanjing reports Q3 net income attributable CNY5.07B, +10% vs year-ago CNY4.60B

    • 532636.IN -- IIFL Finance reports Q2 consolidated EPS (INR3.72) vs year-ago INR12.28

    • 002625.CH -- Kuang-Chi Technologies controlling shareholder sells 323.2M shares to strategic investors for CNY7.70B to repay debt

    • 3593.JP -- Hogy Medical downgraded to neutral from outperform at Tokai Tokyo

  • On Deck:

    • China:

      • Economic:

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

      • Earnings:

        • Walvax Biotechnology (300142.CH)

    • Hong Kong:

      • Earnings:

        • CNOOC (883.HK), Sinopec Oilfield Service (1033.HK)

    • Japan:

      • Earnings:

        • Canon (7751.JP), Fujitsu General (6755.JP)

    • South Korea:

      • Earnings:

        • SK Hynix (000660.KS), Hyundai Motor (005380.KS), Samsung Heavy Industries Co. (010140.KS), Samsung E&A Co. (028050.KS), LG Electronics (066570.KS), KB Financial (105560.KS), SK bioscience Co. (302440.KS), Samsung Card Co. (029780.KS), HD Hyundai Electric (267260.KS)

    • Australia:

      • Earnings:

        • Articore Group (ATG.AU), Insignia Financial (IFL.AU)

    • India:

      • Earnings:

        • Colgate-Palmolive (India) (500830.IN), ITC Ltd (500875.IN), Oracle Financial Services Software (532466.IN), Ramkrishna Forgings (532527.IN), NTPC Ltd (532555.IN), Nippon Life India Asset Management (540767.IN), Embassy Office Parks REIT (542602.IN), CSB Bank (542867.IN), Ujjivan Small Finance Bank (542904.IN), Glenmark Life Sciences (543322.IN), Patanjali Foods (500368.IN), ACC Ltd (500410.IN), Castrol India (500870.IN), Finolex Industries (500940.IN), Coromandel International (506395.IN), United Breweries (532478.IN), Radico Khaitan (532497.IN), GMR Airports (532754.IN), CIE Automotive India (532756.IN), Mahanagar Gas (539957.IN), Indian Energy Exchange (540750.IN), Chalet Hotels (542399.IN), Mindspace Business Parks REIT (543217.IN), Home First Finance Company India (543259.IN), Adani Wilmar (543458.IN), Bikaji Foods International (543653.IN), RR Kabel (543981.IN)

    • Malaysia:

      • Economic:

        • 00:00 EST: CPI NSA Y/Y; consensus +1.9%

    • Singapore:

      • Earnings:

        • Suntec Real Estate Investment Trust (T82U.SP), CapitaLand India Trust (CY6U.SP)

  • Market Data:

    • Gold (Dec 24): +$2.80 or +0.10% to $2732.20

    • WTI Crude (Dec 24): +$0.41 or +0.58% to $71.18

    • $-¥: +1.60 or +1.06% to 152.6780

    • $-KRW: (2.26) or (0.16%) to 1377.5800

    • A$-$: (0.00) or (0.72%) to 0.6635

    • $-INR: (0.02) or (0.02%) to 84.0672

    • $-CNY: +0.00 or +0.03% to 7.1253

  • 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