一、DR_s的基本涵义 存托凭证DR_s(Depositary Receipts)是一种可转让流通的、代表投资者对非本国证券所有权的证书。它由发行者将其发行的证券交本国银行或外国银行在本国的分支机构保管,然后以这些证券作为保证,委托外国银行再发行与这些证券对应的存托凭证,因而外国投资者持有的是存托凭证而非原始证券。 First, the basic meaning of DR_s Depository Receipts DR_s (Depositary Receipts) is a negotiable and transferable, on behalf of investors on non-domestic securities ownership certificate. It issued by the issuer of the securities issued to their own branches or branches of foreign banks custody, and then use these securities as a guarantee, commissioned by foreign banks and then issue these certificates corresponding to the depositary receipts, and therefore held by foreign investors Is a depositary receipt instead of the original.