Page 24 - Citi Depositary Receipts Year-End 2014 report

Valentina Chuang
Head of Asia Pacific
Citi Depositary Receipt Services
“Depositary receipts have proved to be an effective means
for issuers to raise capital in the Asia Pacific region; China
dominated the global DR capital raising market in 2014,
led by the record-breaking Alibaba IPO.”