{"id":505614,"date":"2021-06-22T16:03:08","date_gmt":"2021-06-22T20:03:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-depositary-bank-for-aihuishou-international-co-ltd-s-sponsored-ads-program\/"},"modified":"2021-06-22T16:03:08","modified_gmt":"2021-06-22T20:03:08","slug":"citi-appointed-depositary-bank-for-aihuishou-international-co-ltd-s-sponsored-ads-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-depositary-bank-for-aihuishou-international-co-ltd-s-sponsored-ads-program\/","title":{"rendered":"Citi Appointed Depositary Bank for AiHuiShou International Co. Ltd.\u2019s Sponsored ADS Program"},"content":{"rendered":"

<\/p>\n

Citi Appointed Depositary Bank for AiHuiShou International Co. Ltd.\u2019s Sponsored ADS Program<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nCiti\u2019s Issuer Services, acting through Citibank, N.A., has been appointed by AiHuiShou International Co. Ltd. (\u201cAiHuiShou\u201d), 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.\n<\/p>\n

\nAiHuiShou\u2019s program was established in connection with an approximately 16 million initial public offering of its ADSs (exclusive of the over-allotment option), priced at $14.00 per ADS. The ADSs are listed on the New York Stock Exchange under the symbol \u201cRERE\u201d. Every three American depositary shares represent two Class A ordinary shares. As a single-listed ADS program, the underlying ordinary shares are not listed or publicly traded in the issuer\u2019s home market.\n<\/p>\n

\n\u201cWe are pleased to be selected as the depositary bank for AiHuiShou,\u201d said Dirk Jones, Head of Global Issuer Services at Citi. \u201cWe 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.\u201d\n<\/p>\n

\nCiti 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.\n<\/p>\n

\nFor more information about Citi\u2019s Depositary Receipt Services, please visit www.citi.com\/dr<\/a>.\n<\/p>\n

Citi<\/b><\/p>\n

\nCiti, 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.\n<\/p>\n

\nAdditional information may be found at www.citigroup.com<\/a> | Twitter: @Citi<\/a> | YouTube: www.youtube.com\/citi<\/a> | Blog: http:\/\/blog.citigroup.com<\/a> | Facebook: www.facebook.com\/citi<\/a> | LinkedIn: www.linkedin.com\/company\/citi<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210622005938\/en\/<\/a><\/span><\/p>\n

Media<\/b>:
\n
Sophia Anthony
\n
Citi Global Public Affairs
\n
Banking, Capital Markets & Advisory Communications
\n
+1 (212) 816-7140
\n
sophia.anthony@citi.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Citi Appointed Depositary Bank for AiHuiShou International Co. Ltd.\u2019s Sponsored ADS Program NEW YORK–(BUSINESS WIRE)– Citi\u2019s Issuer Services, acting through Citibank, N.A., has been appointed by AiHuiShou International Co. Ltd. (\u201cAiHuiShou\u201d), 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\u2019s program was established in connection with an approximately 16 million initial public offering of its ADSs (exclusive of the over-allotment option), priced at $14.00 per ADS. The ADSs are listed on the New York Stock Exchange under the symbol \u201cRERE\u201d. Every three American depositary shares represent two Class A ordinary shares. As a single-listed ADS program, the underlying ordinary shares are not listed or publicly … <\/p>\n

Continue reading “Citi Appointed Depositary Bank for AiHuiShou International Co. Ltd.\u2019s Sponsored ADS Program”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-505614","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCiti Appointed Depositary Bank for AiHuiShou International Co. 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(\u201cAiHuiShou\u201d), 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\u2019s program was established in connection with an approximately 16 million initial public offering of its ADSs (exclusive of the over-allotment option), priced at $14.00 per ADS. The ADSs are listed on the New York Stock Exchange under the symbol \u201cRERE\u201d. Every three American depositary shares represent two Class A ordinary shares. As a single-listed ADS program, the underlying ordinary shares are not listed or publicly … Continue reading "Citi Appointed Depositary Bank for AiHuiShou International Co. 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