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Asia tipped to dominate depositary receipt industry

January 13, 2010  

From Aaron Pan

Asian issuers of depositary receipts made up the majority of deals globally last year, a report finds. The region is tipped to continue dominating this year as investors seek to tap into its rebound from the financial crisis.

Asian issuers are tipped to continue dominating the depositary receipt industry globally this year as the region maintains its rebound from the downturn.

A depositary receipt (DR) is a certificate issued by a bank in the domestic market of an...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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