Not excited by ADRs from China It's not surprising. Regional investors are accustomed by now to the routine issuance of American depositary receipts ADRs by Chinese companies. The process is a familiar one a Chinese company carries out its main listing in Hong Kong, but a portion of the issuance is earmarked for the US market.
But take one scenario that is being bandied about by DR specialists and you could soon be looking at a flood of issuance with a far greater significance than you have seen so far.
The driver in this process could well be China. Despite listing some solid companies in...