AIA United States investment in adding regular army

United States investor can now easily "home" sale of AIA h shares. On June 23, the AIA Holdings Limited (AIA, hereinafter the "AIA", 129.HK) announced that it had set up a "sponsor level United States ADR" scheme for the United States investors held indirectly through the plan and on the sale of AIA h shares. It is learnt that the sponsors of the United States ADR programme faced major United States investors, exchanges for United States OTC market. AIA revealed the scheme came into effect on June 22, 2011, denominated in US dollars, transaction number is AAGIY. Recommended reading insurance weekly: Storm safe involvement haixin shares owned pipe investigation storm disaster danger-don't forget to vote Wade was the protection of health is expected within months of funds granted 1 billion insurance product specification for more selling short China insurance regulatory Commission to be more variable annuity insurance into a bear market life-saving straw tendencies on the other side of risk capital investment balance? Cracked the trader password grasp the main trends it is understood that the United States depositary receipt (ADR) is the most foreign companies in the United States one way to trade stocks in the stock market. Where level United States ADR traded only over-the-counter market, is the most convenient way of listing in the United States, allowing foreign companies without changing the existing system of reporting, enabling public trading of shares. "AIA, this scheme does not involve equity issuance or any new share issues, (introduction of the scheme) is to facilitate United States investors on the sale of AIA in Hong Kong-listed shares. "Members of the AIA said in an interview with this reporter. Group Chief Executive Officer and President of AIA Du Jiaqi (MarkTucker) also pointed out that the AIA to establish sponsor United States ADR plan is that "widespread investor participation in the further initiatives for the future development of the group". "Before United States investors to purchase AIA Hong Kong-listed shares of inconvenient. (For them), option is to come to Hong Kong for the transaction, but this involves taxation issues; or purchase non-sponsored ADR, but in this case they do not have the right to vote, through intermediary trade is also very complex. AIA in the United States has a lot of shareholders, therefore, the launching of the scheme to make it easier in the United States to complete the transaction. "AIA said above. "No sponsored ADR", also known as the non-participation in ADR, meaning without the participation of stock issuing companies, depository bank and the issuer does not enter into agreements established in the context of ADR. In other words, after the Bank in buying shares in a listed company, packaging design, then sold to bank customers. However, the depository bank usually establish a sponsored ADR of conditions to be considered include: depositary bank that investors on a secondary market of shares had enough interest or have requested and paid to the depositary bank for the establishment of securities companies without sponsored ADR. Depositary bank establishment of sponsored ADR programme without the license of the issuing company. Mei Longyin AIA has commissioned New York holding this sponsored ADR exclusively managed banks, then past non-sponsor of ADR will be transferred to a new sponsor in ADR schemes. At present, the United States of the OTC market includes four levels, one of the most famous is the NASDAQ capital markets throughout the country, in addition to including the NASDAQ small cap market, over-the-counter electronic quote Board (OTCBB) and pink sheet markets (PinkSheets). Some Chinese companies listed in Shanghai or Hong Kong, such as China Telecom, China Unicom (600,050, unit), China Petroleum (601,857, unit), the aluminum industry in China (601,600, unit), China Southern Airlines (600,029, unit), also United States ADR traded over-the-counter market. 23rd, AIA also announced that former KPMG has been appointed Vice Chairman independent non-Executive Director for the company JohnBarrieHarrison, Chairman of the Audit Committee and the risk Committee. AIA HK with a October 2010 listed in Hong Kong, but its stock price performance has been flat. In April this year, AIA announces first quarter results. According to the value, year of its new business weighted premium income over the same period last year, new premium and have significant growth, including new business value of us $ 182 million, than the growth in the first quarter of 2010 21%. Under the influence of financial data of good news in the first quarter, the first two months, its h-shares is yilupansheng. On June 13, the AIA HK $ 28.15 per cent, its highest price since the beginning of this year. (function(){varobj=null;if(document.getElementById('page2011nav')){obj=document.getElementById('page2011nav');} elseif(document.getElementById('arctTailMark')){obj=document.getElementById('arctTailMark');} if(obj!=null){varstr='';try{varoo=obj.previousSibling;while(oo.nodeType!=1|| oo.innerHTML.replace(/\s|\u3000/g,'').length==0){oo=oo.previousSibling;} if(oo.nodeType==1&&oo.tagName.toLowerCase()=='p'){varspan=document.createElement('span');span.innerHTML=str;oo.appendChild(span);}} catch(e){}}})();