HONG KONG, Nov. 7, 2011 /PRNewswire-Asia/ -- Leading integrated securities enterprise Guotai Junan International Holdings Limited ("Guotai Junan International" or "the Company", with its subsidiaries "the Group", Stock code: 1788), announced the establishment of a Level 1 American Depositary Receipt ("ADR") program. BNY Mellon has been appointed as the sole depositary for the ADR program.
Dr. YIM Fung, Vice Chairman and CEO of Guotai Junan International said, "The aim of the ADR program is to attract U.S. investors, allow us to build-up our corporate image in overseas markets and get prepared for expanding our businesses to the U.S. market,"
Depositary Receipt Information | |
Country | Hong Kong |
Custodian | Hong Kong and Shanghai Banking Corporation Limited |
Effective Date | 4 November 2011 |
Level 1 ADR | |
Ticker | GTIJY |
CUSIP | 403233109 |
ISIN | US4032331096 |
Ratio | 20 ordinary shares : 1 ADR |
Exchange | over-the-counter |
An ADR is a security that has been created to permit U.S. investors to hold the ADR representing the underlying shares in non-U.S. companies and to trade them in the United States. ADRs permit U.S. investors to trade in U.S. dollars in the U.S. securities markets and to receive dividend payment in U.S. dollars.
Guotai Junan International Holdings Limited (http://www.gtja.com.hk) is the first Chinese securities broker approved by the China Securities Regulatory Commission to list its shares, by way of initial public offer, on the Stock Exchange of Hong Kong. Its businesses are based in Hong Kong and cover the provision of the following services to various financial segments: (i) securities and futures dealing and foreign exchange trading services; (ii) corporate finance services; (iii) asset management services; and (iv) margin and other financing services.
BNY Mellon acts as depositary for more than 2,400 American and global depositary receipt programs, acting in partnership with leading companies from 68 countries. With an unrivalled commitment to helping securities issuers succeed in the world's rapidly evolving financial markets, the company delivers the industry's most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at www.adrbnymellon.com
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). It is a global financial services company focused on helping clients manages and service their financial assets, operating in 36 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $25.9 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at www.bnymellon.com and through Twitter@bnymellon.
For further details or enquiry, please contact Guotai Junan International Holdings Limited Legal and Compliance Department.
Tel: | +852-2509 7549 |
Fax: | +852-2878 7977 |
Email: | compliance@gtjas.com.hk |
Porda Havas International Finance Communications Group
Alman Loong | Tel: +852-3150-6731 | alman.loong@pordahavas.com |
Christine Gu | Tel: +852-3150-6792 | christine.gu@pordahavas.com |
Fax: +852-3150-6728 |