Post by @90300 • Hey
During the year, 6 A-share companies terminated GDR issuance, and overseas financing became increasingly rational
On July 28 last year, "Zhongruitong" was
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- In addition to the three major industries mentioned above, the companies issuing GDR this year are more diversified, and the industries have further expanded to food and beverage, household appliances, electronics, basic chemicals, architectural decoration, commerce and retail, non-ferrous metals, etc.
In addition, it is worth noting that since the beginning of this year, 6 listed companies that have previously officially announced the issuance of GDR in Europe have announced the termination of the issuance process. Among them, Aixu (600732.SH), Yuyue Medical (002223.SZ), Jie The five A-share companies, Rui Stock (002353.SZ), Lingyi Zhizao (002600.SZ), and Bethel (603596.SH), announced their termination in June.
Regarding the reasons for the termination, most of the above-mentioned companies stated that they decided to terminate the overseas issuance of GDRs after careful analysis and communication, "in view of the changes in the domestic and overseas capital market environment", "the company's actual financial and operating conditions, and the financing environment".
In addition, Lingyi Zhizao announced that the company intends to adjust the refinancing method from the overseas issuance of global depositary receipts to the issuance of convertible corporate bonds to unspecified objects.