A group of international companies with American Depositary Receipts (ADR) programs is set to provide investor updates this week at the Deutsche Bank ADR Virtual Investor Conference, held in conjunction with Virtual Investor Conferences.
The two-day conference will begin on Wednesday, November 18, and play host to 13 multi-national companies from Asia, Europe, Africa, and Australia, each of which is set to give a half-hour presentation.
American Depositary Receipts (ADRs) are U.S. dollar-denominated instruments issued by a depositary bank (such as Deutsche Bank (NYSE: DB)) that represent ownership of the underlying ordinary shares of a foreign company.
ADRs exist to allow U.S. investors to buy and sell shares of non-U.S. listed companies without having to create an overseas brokerage account.
Many foreign companies sponsor ADR programs to increase their ownership among U.S. investors, raise brand awareness, and improve liquidity. Other ADRs are unsponsored, meaning they were created by a depositary bank as a response to investor demand without the participation of the foreign company.
Here is the list of presenting companies. Each presentation will be recorded and available on demand to attendees.
8:30 am First Pacific (OTC:FPAFY, Hong Kong: 142))
9:00 am Hailiang Education Group Inc. (NASDAQ:HLG)
9:30 am Cootek (Cayman) Inc. NYSE: CTK
10:00 am Travis Perkins PLC (OTC:TPRKY, LON: TPK))
10:30 am Telstra Corporation Limited (OTC:TLSYY, ASX: TLS))
11:00 am Nordea Bank AB (OTC:NRDBY, Helsinki: NDA-FI))
11:30 am Brambles Limited (OTC:BXBLY, ASX: BXB))
8:30 am China Online Education Group (NYSE:COE)
9:00 am BlueCity Holdings Ltd. (NASDAQ:BLCT)
9:30 am Harmony Gold Mining Company Limited (NYSE:HMY) (JSE: HAR)
Country: South Africa
10:00 am Koninklijke DSM N.V. (OTCQX:RDSMY, AMS: DSM))
10:30 am Hugo Boss AG (OTCQX:BOSSY, Xetra: BOSS))
11:00 am Merck KGaA (OTC:MKKGY, Germany: MRK))