Chinese Company Zhejiang HangKe Technology Lists Its GDRs on SIX Swiss Exchange

Today, Zhejiang HangKe Technology Incorporated Company (Ticker "ZHT") becomes the first company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange in 2023.

Chinese Company Zhejiang HangKe Technology Lists Its GDRs on SIX Swiss Exchange
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Zhejiang HangKe Technology Incorporated Company placed 12,625,697 GDRs at an offer price of USD 13.69 per GDR, with one (1) GDR representing an interest in two (2) A-shares of the company. The A-shares of the company are listed on the Shanghai Stock Exchange. Zhejiang HangKe Technology Incorporated Company raised gross proceeds of approximately USD 172.85 million from the GDRs offering.

Zhejiang HangKe Technology Incorporated Company is engaged in the design, R&D, production, sales and services of lithium-ion battery formation and grading equipment and systems.

More information about Zhejiang HangKe Technology Incorporated Company.

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SIX provides and operates stable and efficient infrastructure for the Swiss and Spanish financial centers, thus ensuring access to the capital markets and the flow of information and money between financial market players. As a global provider of financial information, SIX delivers high-quality reference, pricing, corporate actions, and ESG data and provides regulatory services and indices to clients around the world. The company is owned by its users (more than 120 banks) with a workforce of 4,160 employees and a presence in 19 countries.
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