Overview
Description
The Depositary Receipt on Nvidia Corporation Issued by Krungthai Bank represents a foreign equity asset, specifically designed for investors in Thailand seeking exposure to Nvidia Corporation’s performance. Structured as a depositary receipt (DR), this instrument allows investors to participate in the financial returns of Nvidia—a global leader in semiconductors, graphics processing units (GPUs), and artificial intelligence hardware—without directly holding its U.S.-listed shares. Issued by Krungthai Bank, one of Thailand’s leading commercial banks, the DR provides the flexibility to trade Nvidia-linked securities in Thai Baht on the Stock Exchange of Thailand. This product simplifies access to U.S. technology equities by eliminating the need for foreign brokerage accounts or currency exchange. The DR maintains a proportional relationship to the underlying Nvidia stock based on a specific conversion ratio, mirroring the price movements and corporate actions of the original security. It enables portfolio diversification and global market participation for Thai investors, while dividends and other entitlements received from Nvidia shares are distributed to DR holders after applicable withholding taxes. Overall, this DR plays a pivotal role in broadening access to prominent international equities within Thailand’s regulated market framework.
About
CEO
Mr. Jen-Hsun Huang
Employees
36000
Address
2788 San Tomas Expressway
Santa Clara, 95051, CA
United States
Santa Clara, 95051, CA
United States
Phone
408 486 2000
Website
Instrument type
Depositary receipt
Sector
Technology
Industry
Semiconductors
Country
Thailand
MIC code
XBKK