An ADR is buying a share of a foreign company from a US bank. You don't hold a "real" share where the company is actually listed, but a kind of surrogate on a local exchange.
Traders like ADRs because they have higher volume. Look at the daily volume of trades, there is more liquidity.
there is also a BYD ADR: https://finance.yahoo.com/quote/BYDDY/
I do not know the difference between the ADR and the other one. anyone who does, enlighten us
An ADR is buying a share of a foreign company from a US bank. You don't hold a "real" share where the company is actually listed, but a kind of surrogate on a local exchange.
Traders like ADRs because they have higher volume. Look at the daily volume of trades, there is more liquidity.