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Chinese Depositary Receipt (CDR): What it is, How it Works

Equities & Market Mechanics

Definition

A Chinese Depositary Receipt (CDR) is a type of depositary receipt (DR) that is traded on a Chinese stock exchange. In other words, it refers to shares in non-Chinese companies that trade in China the same way that American depositary receipts (ADRs) allow non-U.S. company shares to trade on American exchanges. Key Takeaways A Chinese Depositary Receipt (CDR) is a depositary receipt that represent

In Panel Profits

In the Panel Profits market platform, Chinese Depositary Receipt (CDR): What it is, How it Works applies standard equities & market mechanics principles to comic assets and physical collections. Trading volume and liquidity spreads reflect secondary market dealer and auction transactions.

Common mistakes

Do not infer unobserved prices.