Shenzhen Senior Technology-A (300568 CH) is looking to raise around US$275m in its upcoming Switzerland GDR listing. The bookrunner on the deal is Huatai International.
Boomeranged on Tue, 12 Dec 2023 19:47
Shenzhen Senior Tech just launched its US$66m GDR offering.
In the base deal, 6.34m GDRs are on offer, at US$9.46–$10.44 each, representing a 3.88%–12.93% discount to the last close. Included in the deal is an upsize option that would double the size of the deal. Each GDR represents five A-shares.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.