Leaving BNY Website

 

You are leaving the BNY Mellon's 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

© 2025 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@bny.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.

Regulation S Disclaimer

 

Access To This Company Profile Is Restricted To Non-U.S. Persons Outside The United States Within The Meaning Of Regulation S Under The U.S. Securities Act Of 1933, As Amended (The "Securities Act").1

 

This company profile does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction or under any circumstances in which such offer or solicitation is unlawful.

 

Each person accessing this company profile, by so doing, will be deemed to have acknowledged that: (1) It is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) Any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities.

 

If you agree with and accept the foregoing and the Terms of use governing this site, please select "Accept" below. Otherwise, press "Decline" to return to the previous page.

 

1 As defined in the Securities Act, the term "U.S Person" means: (1) any natural person resident in the United States; (2) any partnership or corporation organized or incorporated under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. person; (4) any trust of which any trustee is a U.S. person; (5) any agency or branch of a foreign entity located in the United States; (6) any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. person; (7) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and (8) any partnership or corporation if: (A) organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a)) who are not natural persons, estates or trusts.

I Accept Decline

© 2024 The Bank of New York Mellon Corporation
Depositary Receipt business and services are conducted through The Bank of New York Mellon.

Back to Daily DR Market Summary

StreetAccount Summary - Asian Market Preview: Nikkei Futures +1.11%, Hang Seng Futures +0.43%, ASX SPI 200 +0.06%, S&P Futures +0.00%

Aug 10 ,2025

  • Synopsis:

    • Asian markets set for positive start to Monday trade. Futures signaling opening gains in Hong Kong and flat start in Australia. Japan closed for public holiday after Nikkei futures strengthened Friday night. S&P 500 futures unchanged after US indexes logged big weekly gains. Australian bonds little changed after Treasuries weakened across the curve Friday. FX markets steady. Gold pulling back with White House to clarify tariff situation. Crude weakening. Bitcoin rallying towards two-week high.

    • US signaling China may be sanctioned over its Russian crude purchases after India was hit by 25% tariffs last week. VP Vance confirmed administration weighing whether to impose secondary tariffs on China, at same as White House expected to extend 12-Aug tariff deadline. However, both China and India striking defiant stance with China saying energy policy to be determined by its national interests. India reaffirmed Moscow ties after PM Modi invited Putin to India later this year.

    • China deflation pressures persisted in July with consumer prices failing to grow while factory-gate deflation did not improve as forecast, Figures seen underlining persistent domestic economic weakness exacerbated by trade uncertainty, extreme weather last month and prolonged housing slump. There has been some hope anti-involution policy aimed at curbing overcapacity will begin exerting reflationary effects. However, recovery in domestic demand still seen as main prerequisite to ending deflation.

    • China keeping up scrutiny of Nvidia's (NVDA) H20 chips with state media again expressing concerns about potential security risks. Comes as press sources note US has begun issuing export licenses for H20s while NVDA to hand US government 15% of those revenues. Meanwhile, China wanting US to extend loosening of export controls to HBM chips. Developments occurring against backdrop of trade talks with US expected to extend 12-Aug tariff deadline. However, Treasury Secretary Bessent acknowledged talks with China "difficult."

    • Big week coming up. US July CPI (Tues) forecast to show further tariff-induced pickup in core inflation as markets dial up rate cut bets amid Fed focus on labor market. RBA (Tues) expected to cut cash rate by 25 bp. China industrial production, retail sales, and fixed asset investment growth (Fri) forecast to have slowed following surprise manufacturing PMI contraction. Japan preliminary Q2 GDP (Fri) forecast to show mild rebound from Q1's contraction. Earnings season continues with China tech and retail firms reporting.

  • Pre-open Company News:

    • S68.SP -- Singapore Exchange downgraded to sell from neutral at UBS

    • 2273.HK -- Gushengtang Holdings initiated buy at UBS

    • BofA upgrades Ganfeng Lithium & Tianqi Lithium to buy from underperform

    • 032640.KS -- LG Uplus downgraded to neutral from buy at Nomura

    • 035420.KS -- NAVER downgraded to neutral from buy at Nomura

    • U96.SP -- SembCorp Industries downgraded to neutral from outperform at Macquarie

    • 035420.KS -- NAVER downgraded to neutral from outperform at Macquarie

    • 601100.CH -- Jiangsu Hengli Hydraulic upgraded to outperform from neutral at Macquarie

    • AP4.SP -- Riverstone Holdings upgraded to add from hold at CGS International

    • 7733.JP -- Olympus downgraded to hold from outperform at CLSA

    • 004170.KS -- Shinsegae downgraded to sell from neutral at UBS

    • 544429.IN -- HDB Financial Services initiated equal-weight at Morgan Stanley

    • KTB.TB -- Krung Thai Bank Public Co. upgraded to buy from hold at UOB Kay Hian Securities

    • OR.TB -- PTT Oil & Retail Business Public Co. upgraded to buy from sell at UOB Kay Hian Securities

  • On Deck:

    • China:

      • Economic:

        • 08:00 CST: New Yuan Loans; consensus

        • 08:00 CST: Loan Growth Y/Y; consensus

        • 08:00 CST: M2 NSA Y/Y; consensus +8.4%

    • Hong Kong:

      • Earnings:

        • REPT BATTERO Energy (666.HK), Q Technology (Group) (1478.HK), Kingdee International Software Group (268.HK), Tingyi (Cayman Islands) Holding (322.HK), Pou Sheng International (Holdings) (3813.HK), Yue Yuen Industrial (Holdings) (551.HK)

    • South Korea:

      • Earnings:

        • KT (030200.KS), NCsoft (036570.KS), CJ CheilJedang (097950.KS), CLASSYS (214150.KS), SILICON 2 Co. (257720.KS)

    • Australia:

      • Earnings:

        • Dexus Convenience Retail REIT (DXC.AU), IRESS (IRE.AU), JB Hi-Fi (JBH.AU), SGH Limited (SGH.AU), Life360 (360.AU), Chrysos (C79.AU), Coronado Global Resources (CRN.AU), LGI LTD (LGI.AU), Seven West Media (SWM.AU)

    • India:

      • Earnings:

        • BEML Ltd (500048.IN), JM Financial (523405.IN), SJVN Ltd (533206.IN), Bata India (500043.IN), PRAJ Industries (522205.IN), Ipca Laboratories (524494.IN), Astral (532830.IN), KNR Constructions (532942.IN), Cello World (544012.IN)

    • Singapore:

      • Earnings:

        • SBS Transit (S61.SP), Vicom (WJP.SP)

    • Taiwan:

      • Earnings:

        • Lotus Pharmaceutical (1795.TT), Wan Hai Lines (2615.TT), Lotes Co. (3533.TT)

  • Market Data:

    • Gold (25-Dec): ($31.20) or (0.89%) to $3460.10

    • WTI Crude (25-Sep): ($0.30) or (0.47%) to $63.58

    • $-¥: (0.09) or (0.06%) to 147.6420

    • $-KRW: (0.96) or (0.07%) to 1387.8100

    • A$-$: (0.00) or (0.12%) to 0.6516

    • $-INR: (0.10) or (0.11%) to 87.5834

    • $-CNY: (0.00) or (0.01%) to 7.1832

  • 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