Thai exchange lists eight Chinese tech depositary receipts in April

The DRs represent HKEX-listed Chinese firms including Alibaba, Tencent and Xiaomi.

The Stock Exchange of Thailand SET has announced listings of eight depositary receipts DRs for Chinese technology and telecommunication companies listed on the Hong Kong Stock Exchange HKEX.

The eight DRs were issued by Yuanta Securities Thailand and KGI Securities Thailand, two brokers based in Thailand. Yuanta issued DRs for five companies including China Mobile, Haier, Meituan, Tencent and Xiaomi, whose trading started this week on April 22 KGI issued DRs for Alibaba, Tencent and Xiaomi, which commenced trading on April 17.

China Mobile is a state-owned telecommunications provider with mobile, internet and 5G network services Haier is a home appliance manufacturer Meituan is a...

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