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: BNY).

 

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 Recap: Nikkei +4.99%, Hang Seng +0.50%, Shanghai Composite +1.61% as of 04:10 ET

Jun 15 ,2026

  • Synopsis:

    • Asia markets ended higher almost everywhere Monday. Japan's Nikkei, the Kospi and Taiex saw the best of the gains with strong sessions in Australia, and on China's Shenzhen board. Other China benchmarks also higher although the Hang Seng finished off its high. Southeast Asia and India all higher, New Zealand the sole major benchmark in the red. US futures higher, Europe opened with strong gains. US dollar weakened noticeably, Asia currencies strengthened ex the yen. Treasury yields higher at the short end, lower at the long; Asia sovereign yields lower. Crude oil lower although Brent and WTI off their troughs. Precious metals very strong, base metals supported. Cryptocurrencies also higher.

    • Asia markets rallied strongly from the open Monday although the positive momentum eased off towards the end. Nevertheless, the Nikkei 225 and Topix touched new record highs, and the Kospi rallied 5% and the Taiex 3% as tech stocks surged alongside more traditional sectors. Iran and US officials agreed to halt their conflict for another 60 days, and to reopen the Strait of Hormuz while talks over sanction relief and Iran's nuclear program will continue during this period. The news triggered a steep decline in crude prices, a rally in bonds, and a strengthening in regional currencies, helping Asia equities to a broad-based rally.

    • Few other developments of note in Asia today with focus on Australia and Japan central bank decisions tomorrow as well as monthly China economic activity data. Central banks in the Philippines and Indonesia also set to decide on rates later this week while the Fed will also decide on base rates with Fed Fund Futures indicating a 97% chance of no change. China May new loans rose slightly below forecasts but well above April's contraction. India May wholesale inflation grew to 7.7% y/y, above forecasts and the fastest acceleration for almost four years thanks to increases in fuel, food and manufactured goods prices.

    • Kawasaki Heavy (7012.JP), Imabari (062G0M-E) and Namura (7014.JP) said they would revive LNG carrier production but not until around 2035. Hanwha Aerospace (012450.KS) has formed an independent group to oversee the company's safety systems following lethal fire at its factory earlier in June. Activist investor Palliser Capital said WUS Printed Circuit (2316.TT) should take itself private to enhance shareholder value after taking a 4.3% stake. Hon Hai (2317.TT) and Schneider Electric (SU.FP) announced a strategic partnership to accelerate the design and build of next-generation data centers.

  • Digest:

    • US and Iran confirm deal to end conflict, reopen Strait of Hormuz:

      • US and Iran confirmed deal reached to end conflict with signing ceremony scheduled for 19-Jun inSwitzerland (Reuters, Bloomberg, Axios, link). Strait of Hormuz will reopen upon deal being signed withPresident Trump saying time will be needed to clear mines. Trump claimed shipping will resume without tolls and US will immediately end its naval blockade. Unclear how Strait of Hormuz reopening will square with Iran continuing to assert its claim of sovereignty with right to collect fees.

      • No details on MoU text, which Iran says will be published after signing ceremony. Previous press leaks noted MoU will establish 60-day ceasefire extension, during which discussions will be held over Iran's nuclear program. Draft purportedly includes Iran promise not to acquire nuclear weapons, with US officials adding deal would eventually lead to dismantling of its nuclear program. Deal includes framework for addressing uranium stockpiles, which may involve Iran downblending material inside country under UN supervision. Trump said US would address stockpiles in coming months but said there was no rush.

      • Extent of sanctions relief unclear with Iran media claiming $24B will be released over the 60 days, 50% of which will be released prior to talks. Iran would also see relief from oil sanctions. Trump said Iran would not receive any cash but acknowledged there may be an easing of other sanctions. US has insisted sanctions relief will be tied to Iran fulfilling its commitments under agreement. Deal would also include economic reconstruction plan worth at least $300B.

      • Agreement faced last minute complication from an Israeli strike in Beirut that invited retaliation threat by Iran before Trump publicly urged Israelis to halt their attacks. Agreement includes end to fighting in Lebanon. Iran's missile program and support for terrorist proxies would be excluded from 60-day agenda. US would also reduce miliary its presence around Iran.

    • US-Iran deal leaves many questions unanswered:

      • While Trump said Strait of Hormuz will reopen, it is expected to take months before shipping activity and crude flows return to pre-war levels. Strait needs to be cleared of mines before congestion eases. Time needed to repair damage to region's energy assets, and for Gulf producers to bring output back online after shutting in wells. Shipowners and insurers may require period of stability before regaining confidence to resume voyages (Bloomberg). Two sides at odds over Trump's claim shipping will be toll free while Iran is asserting its right to manage Hormuz with collection of fees for services provided.

      • Heightened uncertainty whether two sides can bridge gaps on Iran's nuclear program (Bloomberg). Discussions will explore mechanism for disposal of Iran's uranium stockpiles, including how/where downblending will occur and whether US will participate. Negotiations over nuclear program will need to address existing facilities, extent to which Iran would be allowed to continue enriching uranium, length of any moratorium on enrichment, and inspection regime.

      • Differences in how each side is portraying sanctions relief with Iran claiming it will access $24B in frozen assets with $12B released before 60-day negotiation period. Trump has denied Iran will receive cash and US officials say sanctions relief hinges on Iran fulfilling its commitments. Iran countering that nuclear talks will be conditional on US releasing frozen funds (CNN). US lawmakers warn extensive sanctions relief will require Senate approval.

      • While MoU includes end to fighting in Lebanon, Israel's latest strike in Beirut underlines a volatile backdrop to upcoming talks. Israel PM Netanyahu reportedly told Trump Israel is not bound by any clause to halt fighting, won't withdraw from southern Lebanon and will continue to counter threats from Hezbollah. Also no indications Iran's missile program and support for terrorist proxies will be discussed despite Trump listing them as war aims.

    • Asia equities and bonds surge on Iran agreement, regional currencies rally:

      • Equity benchmarks traded higher across Asia Monday after Iran and US reached peace deal that includes reopening of Strait of Hormuz. Tech-dominated boards in South Korea, Taiwan and Shenzhen outperformed, Nikkei 225 surged more than 5% to record high above 69K, Topix higher across sectors. Gold miners outperformed on Australia's ASX on precious metal surge; Hang Seng was also higher but came off its highs as energy stocks dragged.

      • Crude oil prices ended sharply lower: Brent dipped below $83/bl, WTI down 6.0% below $80/bl, both lowest since early March, gas prices also fell sharply. Oil & gas products dipped sharply: gasoline and naphtha 3-4% lower. Soft commodities easing noticeably as corn, wheat, soybean futures all declined amid lower fertilizer and urea prices (Bloomberg). Industrial metals rose sharply led by copper and iron ore.

      • Sovereign bond yields dipped: Treasury yields were mixed with yield gains at the short end but a tick lower at the long. JGB, South Korea, Singapore sovereign yields down sharply, CGBs mostly unchanged. US dollar gapped lower but DXY index still just above 99; notable rally in AUD and NZD, won and rupee; while offshore yuan strengthened to highest in more than three years, yen was unchanged ahead of BOJ decision tomorrow.

    • StreetAccount Event Preview: RBA 16-Jun policy meeting

      • RBA expected to leave cash rate unchanged at 4.35% at its 16-Jun policy meeting. Governor Bullock had foreshadowed a pause after noting policy is well placed to respond to developments following three straight rate hikes. More economists say tightening cycle is over with ANZ and NAB now anticipating next move will be a cut amid growing evidence slowdown is currently underway. Market-implied odds of another rate hike by year-end have fallen from 100% to 60% (Bloomberg).

      • RBA seen acknowledging softness in economic and housing indicators after Bullock noted rate hikes beginning to have impact. Australia Q1 GDP came in weaker as higher fuel prices weighed on discretionary spending. Unemployment rate at highest since late 2021. Consumer confidence depressed amid rate hikes, cost of living pressures, while business sentiment has deteriorated amid elevated input costs. Housing market stalling with property prices stagnant and auction activity falling sharply after government moved to rein in investment tax breaks.

      • Flow of data since May meeting has been soft, accompanied by signs financial conditions have tightened, which some economists say may skew communications more towards growth risks. However, elevated inflation to keep RBA on alert after trimmed mean inflation rose further above 3% in April as higher fuel prices exerted second-round effects, something RBA is mindful of. While US-Iran deal to end conflict seen dampening inflation risks, Bullock expected to avoid giving forward guidance and instead repeat board has space to assess how economic situation plays out.

    • China activity data expected to remain weak in May as retail sales seen to drop:

      • Ahead of Tuesday's release, Bloomberg survey of economists looks for 0.2% y/y decline in China's retail sales in May, which would mark first contraction since Dec-22 following 0.2% growth in April, as consumption held back by weak job market and faster inflation. Drop in retail sales also attributed to payback for consumer goods trade-in program that prompted consumers to bring forward their purchases. Earlier CPCA data (Reuters) showed car sales plunged more than 22% y/y in May, extending declines into the eighth consecutive month as authorities scaled back EV subsidies. Total tourism spending during May Labor Day holiday grew 14.3% y/y from 2025 but average per capita spending was little changed and remained below pre-Covid levels. Fixed-asset investment seen to drop 2.3% for Jan-May, extending 1.6% slump for Jan-Apr, as Goldman said severe weather conditions in various parts of the country and slow issuance of government bonds were both at play. Industrial production expected to gain 4.3% y/y in May as a bright spot from 4.1% growth in April, thanks to strong export growth. Economists see potential weak activity data in May as more evidence of decelerating growth in Q2 while policymakers still have room for monetary easing in 2026 if it's needed, although many expect such a move only at end of this year or in 2027.

    • Notable Gainers:

      • +12.8% 003490.KS (KOREAN AIR LINES Co.): U.S. President Donald Trump announced via his social media that the peace talks with Iran had been concluded and sharp drop in international oil price

      • +6.9% 2899.HK (Zijin Mining Group): gold price climbs back above $4,300, gold ETF rises over 2%

      • +6.8% 6941.JP (Yamaichi Electronics): completes recovery process at Philippine subsidiary after ransomware incident

      • +6.6% 005380.KS (Hyundai Motor): accounts for 11.8% of the U.S. automobile market in the January-April period this year, +1% y/y, ranking the fourth

      • +6.1% 4183.JP (Mitsui Chemicals): to buy US dental materials manufacturer Ultradent Products for $900M

      • +0.6% 012450.KS (HANWHA AEROSPACE): launched an independent committee to oversee the company's safety system following this month's deadly fire at its factory that claimed five lives

      • +0.3% 4578.JP (Otsuka Holdings): completes acquisition of Transcend Therapeutics

    • Notable Decliners:

      • -0.8% 9988.HK (Alibaba Group): report of Ant Group may introduce AI agent interface to Alipay

      • -0.3% 600009.CH (Shanghai International Airport): Pudong takeoffs and landings 45,297, (2.3%) y/y

  • Data:

    • Economic:

      • China May

        • New loans CNY520B vs consensus CNY550B and CNY(10B) in prior month

        • Outstanding loan growth +5.5% y/y vs consensus +5.5% and +5.6% in prior month

        • Total social financing CNY2.03T versus consensus CNY1.87T and CNY620B in prior month

        • M2 money supply +8.6% y/y vs consensus +8.5% and +8.6% in prior month

      • Japan April

        • Retail sales y/y +2.8% versus +2.09% in prior month

      • Singapore Q1

        • Unemployment rate (Final) 2% versus consensus 2.05% and 2.1% in prior quarter

    • Markets:

      • Nikkei: 3,297.46 or +4.99% to 69317.50

      • Hang Seng: 124.57 or +0.50% to 24842.67

      • Shanghai Composite: 64.96 or +1.61% to 4096.47

      • Shenzhen Composite: 92.19 or +3.42% to 2789.36

      • ASX200: 110.00 or +1.25% to 8914.00

      • KOSPI: 422.36 or +5.20% to 8545.98

      • SENSEX: 934.66 or +1.24% to 76462.61

    • Currencies:

      • $-¥: (0.10) or (0.06%) to 160.1250

      • $-KRW: (3.82) or (0.25%) to 1514.4790

      • A$-$: +0.00 or +0.32% to 0.7069

      • $-INR: (0.52) or (0.55%) to 94.6015

      • $-CNY: (0.01) or (0.10%) to 6.7605

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

    • BNY.com Terms of Use Privacy Cookie Notice Manage Cookies Disclaimer CUSIP Disclaimer

    • ©  2025 The Bank of New York Corporation. Depositary Receipt business and services are conducted through The Bank of New York.