An ADR is a negotiable certificate evidencing ownership of shares in a foreign corporation. ADRs are quoted and traded in U.S. dollars, and are governed by U.S. trading and settlement procedures.  ADRs provide U.S. investors with a convenient way to invest in overseas securities and to trade non-U.S. Securities in the U.S.

Hongkong Electric Holdings Limited’s shares are traded in the U.S. through an American Depositary Receipt (ADR) programme with Citibank as the depositary bank.