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2016 Midyear Highlights 		2
Contents 		3
DR Liquidity 		4
DR Capital Raising 		7
Citi Liquid DR Indices 		9
Unsponsored ADRs 		10
International Investing Trends 		12
About Citi Depositary Receipt Services 		14
Citi Depositary Receipt Services’ 2016 Client Events 		15
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