美

存托凭

是指在美



市场上流通的、代表外

公司有价


的可转让凭

。
上市公司将其在本

发行的股票交由本

银行或美

银行在本

的分支机构保管(保管银行),



这些股票作担保,委托美

的存托银行发行与这些股票相对应的存托凭

,由美

投资者购买和持有,存托银行负责将股息兑换成美元交给美

投资者,也可

代他们购买股票。这是一种可转让的契约性票据,它代表着非美

公司或美

公司在

外的子公司股票的所有权。ADR

美元进行标价和清算交割,交易方式同美


内相同。
American Depo
Fr helper cop yright