28
Jul
09:20
Gotion High-tech becomes listed in Switzerland
Chinese A-share listed company Gotion High-tech recently landed on the SIX Swiss Exchange after raising about $685 million by selling 22.83m global depository receipts (GDRs) at $30 each.
According to Gotion High-tech, each GDR sold on Monday is equivalent to five Chinese-listed A-shares with a 3.5% discount. It is considered the largest equity financing project year-to-date and also the one with the least discount since 2018 within new energy…
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Anonymous
Very good overview of the weekly steel market.
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