The Stock Exchange of Thailand (SET) will list four new depositary receipts (DRs) issued by Bualuang Securities pcl, on November 16.
SET to List New Depositary Receipts
The Stock Exchange of Thailand (SET) is set to list four new depositary receipts (DRs) issued by Bualuang Securities pcl on November 16. The new DRs, with ticker symbols “LVMH01”, “ASML01”, “KH01” and “HKCE01”, are based on big-cap European stocks and Hong Kong exchange-traded funds (ETFs).
Investment Opportunities with DRs
DR “LVMH01” is based on LVMH Moet Hennessy Louis Vuitton SE, while DR “ASML01” is issued on ASML Holding N.V. Two ETF-linked DRs, “HK01” and “HKCE01”, are based on ETF Tracker Fund of Hong Kong and Hang Seng China Enterprises Index ETF, respectively. Investors can utilize DRs for asset diversification and seek global returns by trading in Thai baht via existing…