JUNO DEFINITIONS - A

 

 

AFA: Authorised Financial Adviser

 

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American Depositary Receipt (ADR): This is a method used to list Chinese shares on the US Exchange. An ADR is issued by a US bank. It represents one or more stocks traded on a US exchange, and is typically purchased by a non-US investor.

 

Austerity: Government policies that are intended to reduce debt levels through reduced public spending or increased taxes.

 

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