GDR

China-Euro Stock Connect Launch to a Flying Start, Gotion High-Tech GDR is officially listed on the SIX Swiss Exchange

Retrieved on: 
Monday, August 1, 2022

On 7.28, the listing ceremony of the first batch of GDRs for the China-Switzerland Stock Connect was held simultaneously on the SIX Swiss Exchange, the Shenzhen Stock Exchange and the Shanghai Stock Exchange.

Key Points: 
  • On 7.28, the listing ceremony of the first batch of GDRs for the China-Switzerland Stock Connect was held simultaneously on the SIX Swiss Exchange, the Shenzhen Stock Exchange and the Shanghai Stock Exchange.
  • The listed companies by issuing GDRs at the SIX Swiss Exchang include Gotion High-Tech, GEM, Shanshan and Keda Manufacturing.
  • According to information from the Shenzhen Stock Exchange, with the approval of the China Securities Regulatory Commission, Gotion High-Tech has been listed at the Swiss Stock Exchange on July 28.
  • It is the project with the largest issuance scale and the smallest discount among the first batch of Swiss GDR issuance projects.

With great passion, setting sail together for a green future

Retrieved on: 
Thursday, July 28, 2022

SHENZHEN, China, July 28, 2022 /PRNewswire/ -- At 21:00 Beijing time on July 28 (15:00 Zurich local time), the Global Depositary Receipt (GDR) of GEM was officially listed on the SIX (Swiss Stock Exchange). After the China Securities Regulatory Commission (CSRC) revised the "China-Europe Access" rules and expanded the scope of application, GEM became one of the first two listed companies on the Shenzhen Stock Exchange approved to issue GDR projects and the first Chinese listed company to successfully issue GDR projects on SIX. 

Key Points: 
  • The issue result shows the support and recognition of global investors for GEM's green industry.
  • Only by going globally can Chinese enterprises share the great opportunities of green growth.
  • As a leading green enterprise in urban mining in China, GEM will seize the bright future of the green era and use the power of the global capital market to expand the green industry from China to the world.
  • GEM and global investors join hands to warm a pot of "carbon neutrality" wine, drink together, with passionate enthusiasm, and sail towards a green future!

With great passion, setting sail together for a green future

Retrieved on: 
Thursday, July 28, 2022

SHENZHEN, China, July 28, 2022 /PRNewswire/ -- At 21:00 Beijing time on July 28 (15:00 Zurich local time), the Global Depositary Receipt (GDR) of GEM was officially listed on the SIX (Swiss Stock Exchange). After the China Securities Regulatory Commission (CSRC) revised the "China-Europe Access" rules and expanded the scope of application, GEM became one of the first two listed companies on the Shenzhen Stock Exchange approved to issue GDR projects and the first Chinese listed company to successfully issue GDR projects on SIX. 

Key Points: 
  • The issue result shows the support and recognition of global investors for GEM's green industry.
  • As a result, GEM will leverage the power of the European capital markets to rapidly expand this green industry from China to the world.
  • As a leading green enterprise in urban mining in China, GEM will seize the bright future of the green era and use the power of the global capital market to expand the green industry from China to the world.
  • GEM and global investors join hands to warm a pot of "carbon neutrality" wine, drink together, with passionate enthusiasm, and sail towards a green future!

Gotion issues GDRs & goes public on the Swiss Stock Exchange

Retrieved on: 
Thursday, July 28, 2022

HEFEI, China, July 28, 2022 /PRNewswire/ --On July 28, GotionHigh-Tech Co., Ltd. (SZE: 002074 / SSE GDRs: GOTION), the world-leading Chinese power battery manufacturer, officially listed on the Swiss Stock Exchange by issued global depositary receipts(GDR), becoming the first group of Chinese companies that came to Swiss Stock Exchange.

Key Points: 
  • HEFEI, China, July 28, 2022 /PRNewswire/ --On July 28, GotionHigh-Tech Co., Ltd. (SZE: 002074 / SSE GDRs: GOTION), the world-leading Chinese power battery manufacturer, officially listed on the Swiss Stock Exchange by issued global depositary receipts(GDR), becoming the first group of Chinese companies that came to Swiss Stock Exchange.
  • The Swiss Stock Exchange and the Shenzhen Stock Exchange and Shanghai Stock Exchange held a simultaneous ceremony of China-Swiss Stock Connect Celebration and GDRs Listing Event in the 3 city.Mr.
  • Fang Xinghai, Vice Chairman of CSRC, and Mr. Stoffel, State Secretary of the Swiss Ministry of Finance, announced the official opening of the GDR business for the connection of the Swiss and Chinese securities markets.
  • The issue of GDR is the largest GDR project in terms of size of the underlying issue on the Swiss Stock Exchange since the implementation of the China-Europe Stock Connect rules.

Gotion issues GDRs & goes public on the Swiss Stock Exchange

Retrieved on: 
Thursday, July 28, 2022

HEFEI, China, July 28, 2022 /PRNewswire/ --On July 28, GotionHigh-Tech Co., Ltd. (SZE: 002074 / SSE GDRs: GOTION), the world-leading Chinese power battery manufacturer, officially listed on the Swiss Stock Exchange by issued global depositary receipts(GDR), becoming the first group of Chinese companies that came to Swiss Stock Exchange.

Key Points: 
  • HEFEI, China, July 28, 2022 /PRNewswire/ --On July 28, GotionHigh-Tech Co., Ltd. (SZE: 002074 / SSE GDRs: GOTION), the world-leading Chinese power battery manufacturer, officially listed on the Swiss Stock Exchange by issued global depositary receipts(GDR), becoming the first group of Chinese companies that came to Swiss Stock Exchange.
  • The Swiss Stock Exchange and the Shenzhen Stock Exchange and Shanghai Stock Exchange held a simultaneous ceremony of China-Swiss Stock Connect Celebration and GDRs Listing Event in the 3 city.Mr.
  • Fang Xinghai, Vice Chairman of CSRC, and Mr. Stoffel, State Secretary of the Swiss Ministry of Finance, announced the official opening of the GDR business for the connection of the Swiss and Chinese securities markets.
  • The issue of GDR is the largest GDR project in terms of size of the underlying issue on the Swiss Stock Exchange since the implementation of the China-Europe Stock Connect rules.

Citi Appointed as Depositary Bank for the GDR Programs of GEM Co. Ltd., Gotion High-Tech Co. Ltd., Keda Industrial Group Co. Ltd., and Ningbo Shanshan Co. Ltd., First Four China-Swiss Stock Connect GDR Programs

Retrieved on: 
Thursday, July 28, 2022

These are the first four China-Swiss Stock Connect programs listed on SIX Swiss Exchange.

Key Points: 
  • These are the first four China-Swiss Stock Connect programs listed on SIX Swiss Exchange.
  • GEMs A shares are listed and traded on the Shenzhen Stock Exchange under the stock code 002340.
  • Gotions GDR program was established in connection with a US$685 million initial public offering of its GDRs, priced at US$30 per GDR.
  • We are pleased to be the depositary bank for all the Connect GDR programs listed so far, including five listed on the London Stock Exchange, he added.

Shanshan Initiates Global Strategy, Issuing GDR on SIX Swiss Exchange

Retrieved on: 
Wednesday, July 27, 2022

The very GDR, the said China's No.1 new energy materials stock of the "China-Switzerland Connection", will list on the SIX Swiss Exchange on July 28, 2022 (Swiss time).

Key Points: 
  • The very GDR, the said China's No.1 new energy materials stock of the "China-Switzerland Connection", will list on the SIX Swiss Exchange on July 28, 2022 (Swiss time).
  • The announcement showed Shanshan will issue 15.4423 million shares of GDR at a price of US$20.64 per GDR, that is equivalent to 77.2115 million shares of Chinese A share, raising about US$319 million.
  • To further consolidate the global leading position in the field of polarizers, Shanshan will promote the internationalization of innovative products, enhance the global supply capacity of raw materials, improve reputation in the global market, and expand global market share.
  • Shanshan is expected to gain more favor from the capital market when mapping its international global strategy.

GEM, a Leading Green Enterprise in China, will land on the Swiss Exchange

Retrieved on: 
Tuesday, July 26, 2022

An important investment project for the global depository receipt (GDR) issued by GEM and listed on the Swiss Stock Exchange is GEMs Indonesia Nickel Resources Project.

Key Points: 
  • An important investment project for the global depository receipt (GDR) issued by GEM and listed on the Swiss Stock Exchange is GEMs Indonesia Nickel Resources Project.
  • This will result in a shortage of global nickel resources over the next 10 years and keep nickel prices high.
  • GEM was the first in China to propose a green concept of "limited resources, unlimited recycling".
  • For 2026, GEM sales revenues will strive to exceed 80 billion Yuan, with reduced carbon dioxide emissions of 1 million tons.

GEM, a Leading Green Enterprise in China, will land on the Swiss Exchange

Retrieved on: 
Friday, July 22, 2022

It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.

Key Points: 
  • It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.
  • It sets the precedent for Chinese enterprises to issue global Depositary Receipts (GDRs) for listing on the Swiss stock exchange.
  • This work is highly valued by the Indonesian government and has become a representative project for global nickel resource capacities.
  • This will result in a shortage of global nickel resources over the next 10 years and keep nickel prices high.

GEM, a Leading Green Enterprise in China, will land on the Swiss Exchange

Retrieved on: 
Friday, July 22, 2022

It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.

Key Points: 
  • It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.
  • It sets the precedent for Chinese enterprises to issue global Depositary Receipts (GDRs) for listing on the Swiss stock exchange.
  • This work is highly valued by the Indonesian government and has become a representative project for global nickel resource capacities.
  • This will result in a shortage of global nickel resources over the next 10 years and keep nickel prices high.