What is GDRs nd ADRs??
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GDR (Global Depository Receipt)American depositary receipt (ADR)
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ADRs are shares of a single foreign company issued in the U.S. GDRs are shares of a single foreign company issued in more than one country as part of a GDR program. Companies can issue depositary receipts in individual countries or they may choose to issue their shares in multiple foreign markets at once through a GDR.
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