Posted inChina, Shanghai

Huatai Securities eyes first London-Shanghai GDR issuance

Huatai Securities, a major Chinese securities brokerage firm, is planning to issue the country’s first Global Depository Receipts and list on the prestigious London Stock Exchange, The Paper reported. The company will use the newly issued A shares as the underlying securities — no more than 825.15 million shares, or less than 10% of the […]

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