Xiaomi's IPO: First Foreign Company to Issue CDRs in Mainland China
Xiaomi Corporation is going to be the first foreign company to issue Chinese Depositary Receipts (CDRs) in mainland China, as revealed in its prospectus release...
Tag: #Chinese Depositary Receipts
Showing 2 of 2 posts with this tag
Lenovo to Issue CDRs, Planning to List on STAR-Market, Shares Soar 15%
On Jan. 12, Chinese PC maker Lenovo Group Ltd. said that it is planning to issue Chinese Depositary Receipts (CDRs) - representing up to 10% of its total number of shares - to be listed on the tech-heavy Nasdaq-style Shanghai STAR Market.