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 (1.08%), Hang Seng Futures (0.21%), ASX SPI 200 (0.49%), S&P Futures (0.10%)

Dec 30 ,2025

  • Synopsis:

    • Asia equities poised to open lower Tuesday. Futures in Hong Kong and Australia extended declines. Japan and South Korea markets closed for New Year holidays. Golden Dragon China index fell 1.80%. US futures lower after another soft main session. Tech leads remained negative with SOX down 1.85% and Big Tech names mostly lower outside of a bounce in Nvidia (NVDA). Treasuries firmer with some curve steepening. Dollar index was up 0.1%. Gold finished down 0.5%. Bitcoin futures were down 0.2%. WTI crude settled up 0.6%.

    • Still no specific catalysts behind latest weakness, though generally attributed to some profit-taking and rebalancing amid light volumes ahead of year-end. Crowded tech trades this year discouraging new long positions. Despite notably negative breadth, narrative remains sanguine with press reports reflecting back on 2024 developments. S&P 500 and Nasdaq still on course to log gains of more than 20% for the year. Yet, soft finish to the year plays into 2025 uncertainties mainly stemming from Trump tariff policies.

    • Regional sentiment leaning cautious. In China, Shanghai Composite on track to log first gain in three years owing to a Q4 recovery. Volumes have been elevated over the past two months on a record annual pace. Activity notably driven by domestics, particularly retail, while many foreign investors remain sidelined. Stimulus optimism continues, though main question of the scale of fiscal expansion remains unanswered. Japan narrative similarly lacking euphoria after a record year-end close in the Nikkei 225. Markets continue to look ahead to 2025 wage hikes, a key variable for BOJ rate hikes, though path clouded by yen volatility and political instability under the minority government.

    • Main Asia macro event set to be China PMIs though consensus looks for the official manufacturing index to remain steady in marginal expansion territory. Broad stimulus effects cited as the main support factor. But market sensitivity looks skewed to the downside given prior disappointment over the lack of forceful measures to address property/consumption weakness and mixed nature of recent data releases. Key focus remains on legislative sessions in March. Elsewhere, South Korea headline CPI inflation was marginally firmer than expected though core inflation edged lower.

  • Pre-open Company News:

    • 603816.CH -- Jason Furniture (Hangzhou) initiated buy at Huaan Securities (timing uncertain)

    • 601933.CH -- Yonghui Superstores initiated overweight at China Merchants Securities (China) (timing uncertain)

    • 543458.IN -- Adani Wilmar to change name to AWL or AWL Agri Business or Fortune Agri Business, subject to approvals

    • 500493.IN -- Bharat Forge unit Kalyani Strategic Systems completes acquisition of Edgelab, deal announced 13-Dec

    • 002050.CH -- Zhejiang Sanhua Intelligent Controls to launch CNY300-600M on-market share buyback at up to CNY36/share

    • 300919.CH -- CNGR Advanced Material initiated outperform at Guosen Securities (timing uncertain)

    • 1093.HK -- NMPA approves CSPC Pharma's leuprorelin injection to clinical trial for treatment of solid tumors

    • 600499.CH -- Keda Industrial Group completes buyback of 30.0M shares for CNY252M

    • 512599.IN -- Adani Enterprises to sell 31.06% of Adani Wilmar to Wilmar International subsidiary Lence

    • 1766.HK -- CRRC Corp. discloses Aug-Dec contracts signed CNY69.35B, equivalent to 29.6% of FY23 total revenue

    • 000596.CH -- Anhui Gujing Distillery declares Q3 interim dividend CNY1.00/share; StreetAccount notes year-ago nil

    • 000683.CH -- Inner Mongolia Yuan Xing Energy CFO Yang Yongqing resigns due to personal work reasons, effective immediately

    • StreetAccount ESG Headlines (30-Dec)

    • 500257.IN -- Lupin acquires Huminsulin in India from Eli Lilly; terms undisclosed

    • 000960.CH -- Yunnan Tin declares Q3 interim dividend CNY0.1/share; StreetAccount notes year-ago figure was nil

  • On Deck:

    • China:

      • Economic:

        • 09:30 CST: CFLP PMI Manufacturing; consensus 50.3

        • 09:30 CST: CFLP Non Manufacturing PMI; consensus 50.3

        • 09:30 CST: CFLP Services PMI; consensus

    • Hong Kong:

      • Earnings:

        • Cathay Pacific Airways (293.HK)

    • South Korea:

      • Economic:

        • 08:00 KST: CPI M/M; consensus +0.3%

        • 08:00 KST: CPI NSA Y/Y; consensus +1.8%

    • Singapore:

      • Earnings:

        • Jardine Cycle & Carriage (C07.SP)

  • Market Data:

    • Gold (Feb 25): +$0.60 or +0.02% to $2618.70

    • WTI Crude (Feb 25): +$0.18 or +0.25% to $71.17

    • $-¥: (0.86) or (0.55%) to 157.0020

    • $-KRW: (1.96) or (0.13%) to 1471.5900

    • A$-$: (0.00) or (0.08%) to 0.6214

    • $-INR: +0.40 or +0.47% to 85.7866

    • $-CNY: (0.00) or (0.01%) to 7.2981

  • 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