Battery Firm Sunwoda Plans IPOs in London and Switzerland
Battery manufacturer Sunwoda released an announcement on Tuesday saying that the company plans to issue global depository receipts (GDRs) and apply for IPOs on the Swiss Stock Exchange and the London Stock Exchange. The GDRs take newly issued China A-shares – RMB-denominated equity shares – as its basic securities.
The newly added A-shar…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.