bullish
Shenzhen Senior Tech GDR Listing - Early Look - Correction Leaves Its Valuation Palatable
647 Views20 Nov 2023 09:37
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.
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