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.
Xiaomi Corporation is going to be the first foreign company to issue Chinese Depositary Receipts (CDRs) in mainland China, as revealed in its prospectus released by the China Securities Regulatory Commission on Monday.
