facebookWhat is DRC in Samsung Electronics Co Ltd DRC (0593xq)? Also, what is the difference with Samsung Electronics Co Ltd DRC Pref (0593q)? Also, how come the GBP one is more expensive than USD one? - Seedly

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Anonymous

08 Dec 2019

Stocks

What is DRC in Samsung Electronics Co Ltd DRC (0593xq)? Also, what is the difference with Samsung Electronics Co Ltd DRC Pref (0593q)? Also, how come the GBP one is more expensive than USD one?

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You need to find out the ratio of shares within the ADR.

If I recalled correctly, like Alibaba, 8 shares of Alibaba in HK is equivalent to 1 share of Alibaba in USA.

Ming Sheng

07 Dec 2019

Resident at Healthway Medical

This is the kind of equity it is. the DR stands for Depository receipts, like ADR, EDR, GDR, CDR(american/european/global/Chinese). can't figure out what the C at the end means though.

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