As quarterly earnings continue to impress and company guidance reveals strong growth prospects this year, capital raising through depositary receipts DRs can be expected to grow at a steady pace, J.P. Morgan says in a report due to be released today. And, as in the past few years, Asia-Pacific is expected to be the most active region for such capital-raising with China and India dominating the new issuance.
“Over the short, mid- and long-term, we expect that China and India will continue to consolidate their place as two of the world’s most dynamic and quickly growing economies. As we have seen, global enterprises are seeking to do more business with China, and Chinese enterprises are...
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