What does ADR mean in stocks?
What does ADR mean in stocks?
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-Moomoo News Team
從免費入門課程到高級交易策略，我們的目標是幫助您增長知識和更聰明地交易。讓我們讓投資變得更容易，而不是孤軍奮戰。
--moomoo新聞組
In this article, we will introduce how ADRs work.
在本文中，我們將介紹ADR的工作原理。
American Depositary Receipt (ADR) is a kind of negotiable security circulating in the United States securities market.
ADRs offer U.S. investors a way to purchase stock in overseas companies that would not be available otherwise.
美國存託憑證(ADR)是一種在美國證券市場流通的有價證券。
ADR為美國投資者提供了一種購買海外公司股票的方式，否則這些股票是無法獲得的。
ADR holders do not have to transact the trade in the foreign currency or worry about exchanging currency on the foreign exchange market. These securities are priced and traded in dollars and cleared through U.S. settlement systems.
美國存託憑證持有人不必進行外幣交易，也不必擔心在外匯市場兑換貨幣。這些證券以美元定價和交易，並通過美國結算系統進行清算。
We take Chinese ADRs for example. Shares for Chinese technology firms such as $TENCENT HLD ADR(TCEHY.US)$ and $Alibaba Group Holding Ltd(BABA.US)$ are famous ADRs we can trade in the U.S. market with dollars.
我們以中國的ADR為例。中國科技公司的股票，如$騰訊控股HLD ADR(TCEHY.US)$和$阿里巴巴(BABA.US)$是著名的美國存託憑證，我們可以在美國市場用美元交易。
Source: moomoo
來源：moomoo
By Eric
作者：Eric
For more investment knowledge and trends, welcome to Courses on the Community.
欲瞭解更多投資知識和趨勢，歡迎訪問課程關於社區。
