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These banks get instant appreciation because 1 ADR typically represents more tha…

These banks get instant appreciation because 1 ADR typically represents more tha...

Sun Jan 30 18:19:14 +0000 2022

These banks get instant appreciation because 1 ADR typically represents more than 1 Share in the foreign company’s stock, “to avoid having the ADR trade at a low market price”.

Because they made up the rules before they made up the prices, you see.

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