Tourists on a ferry crossing the Huangpu River as the Shanghai Tower and other buildings stand in the Lujiazui Financial District in Shanghai on February 26, 2018. The issuance of Chinese depositary receipts (CDRs) is hailed as an innovation to mark the 40th anniversary of China’s financial reforms, as a way to allow local investors to partake in the success and earnings of its biggest offshore-listed companies. Photo: Qilai Shen/Bloomberg

Questions remain as countdown begins on depositary receipts with Chinese characteristics

Topic |   IPO

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Tourists on a ferry crossing the Huangpu River as the Shanghai Tower and other buildings stand in the Lujiazui Financial District in Shanghai on February 26, 2018. The issuance of Chinese depositary receipts (CDRs) is hailed as an innovation to mark the 40th anniversary of China’s financial reforms, as a way to allow local investors to partake in the success and earnings of its biggest offshore-listed companies. Photo: Qilai Shen/Bloomberg
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