{"id":728246,"date":"2023-02-02T09:10:51","date_gmt":"2023-02-02T14:10:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\/"},"modified":"2023-02-02T09:10:51","modified_gmt":"2023-02-02T14:10:51","slug":"citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\/","title":{"rendered":"Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program"},"content":{"rendered":"

<\/p>\n

Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nCiti\u2019s Issuer Services, acting through Citibank, N.A., has been appointed as the depositary bank by QuantaSing Group Limited (\u201cQuantaSing\u201d) \u2013 a leading online learning service provider in China’s adult learning market, to act as Depositary Bank for its American Depositary Receipt (\u201cADR\u201d) program.\n<\/p>\n

\nQuantaSing\u2019s American Depositary Shares (\u201cADSs\u201d) trade on the NASDAQ under the ticker \u201cQSG\u201d. Each ADS represents three Class A ordinary shares. The initial public offering price is US$12.50 per ADS in connection with a total offering size of US$40.63 million (exclusive of over-allotment option exercise).\n<\/p>\n

\n\u201cCiti is committed to providing QuantaSing and its investors with the highest quality ADR services, and our selection as depositary bank for the company\u2019s ADR program underscores the depth and breadth of Citi\u2019s cross-border capabilities,\u201d said Dirk Jones, Global Head of Citi\u2019s Issuer Services.\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

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

\nCiti is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.\n<\/p>\n

\nAdditional information may be found at www.citigroup.com<\/a> | Twitter: @Citi | 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\/20230202005386\/en\/<\/a><\/span><\/p>\n

Media<\/b>:
\n
Nina Das
\n
Citi Institutional Clients Group
\n
+1 (212) 816-9267
\n
Nina.Das@citi.com<\/a><\/p>\n

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

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

MEDIA:<\/b><\/p>\n\n\n\n\n
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\"Logo\"<\/td>\n<\/tr>\n
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Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program NEW YORK–(BUSINESS WIRE)– Citi\u2019s Issuer Services, acting through Citibank, N.A., has been appointed as the depositary bank by QuantaSing Group Limited (\u201cQuantaSing\u201d) \u2013 a leading online learning service provider in China’s adult learning market, to act as Depositary Bank for its American Depositary Receipt (\u201cADR\u201d) program. QuantaSing\u2019s American Depositary Shares (\u201cADSs\u201d) trade on the NASDAQ under the ticker \u201cQSG\u201d. Each ADS represents three Class A ordinary shares. The initial public offering price is US$12.50 per ADS in connection with a total offering size of US$40.63 million (exclusive of over-allotment option exercise). \u201cCiti is committed to providing QuantaSing and its investors with the highest quality ADR services, and our selection … <\/p>\n

Continue reading “Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR 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-728246","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCiti Appointed as Depositary Bank for QuantaSing Group Limited ADR Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program NEW YORK–(BUSINESS WIRE)– Citi\u2019s Issuer Services, acting through Citibank, N.A., has been appointed as the depositary bank by QuantaSing Group Limited (\u201cQuantaSing\u201d) \u2013 a leading online learning service provider in China’s adult learning market, to act as Depositary Bank for its American Depositary Receipt (\u201cADR\u201d) program. QuantaSing\u2019s American Depositary Shares (\u201cADSs\u201d) trade on the NASDAQ under the ticker \u201cQSG\u201d. Each ADS represents three Class A ordinary shares. The initial public offering price is US$12.50 per ADS in connection with a total offering size of US$40.63 million (exclusive of over-allotment option exercise). \u201cCiti is committed to providing QuantaSing and its investors with the highest quality ADR services, and our selection … Continue reading "Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T14:10:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230202005386r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program\",\"datePublished\":\"2023-02-02T14:10:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\\\/\"},\"wordCount\":343,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230202005386r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/citi-appointed-as-depositary-bank-for-quantasing-group-limited-adr-program\\\/\",\"name\":\"Citi Appointed as Depositary Bank for QuantaSing Group Limited ADR Program - 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