Citi Appointed Depositary Bank for AiHuiShou International Co. Ltd.’s Sponsored ADS Program
Citi has been appointed as the depositary bank for AiHuiShou International Co. Ltd.'s American Depositary Shares (ADS) program.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by AiHuiShou International Co. Ltd. (“AiHuiShou”), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, as the depositary bank for its American Depositary Shares (ADS) program.
AiHuiShou’s program was established in connection with an approximately 16 million initial public offering of its ADSs (exclusive of the over-allotment option), priced at
“We are pleased to be selected as the depositary bank for AiHuiShou,” said Dirk Jones, Head of Global Issuer Services at Citi. “We are committed to providing AiHuiShou and its investors with the highest quality ADS services, leveraging our global capabilities and further cementing our industry leading position in this space.”
Citi is a leading provider of depositary receipt services. With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries and investors.
For more information about Citi’s Depositary Receipt Services, please visit www.citi.com/dr.
Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi
View source version on businesswire.com: https://www.businesswire.com/news/home/20210622005938/en/