HSBC likely to become first firm to issue Chinese Depositary Receipts

A logo of HSBC is displayed at the financial Central district in Hong Kong, China November 23, 2017. REUTERS/Bobby Yip

HSBC Holdings PLC is set to be the first company to issue Chinese Depositary Receipts (CDRs), through a link between the London and Shanghai stock exchanges which will begin by year end, people familiar with the matter told Reuters on Thursday.

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