Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Quhuo Limited

Nachrichtenquelle: Business Wire (engl.)
15.07.2020, 18:39  |  165   |   |   

Deutsche Bank announced today its appointment as depositary bank for the Nasdaq-listed American Depositary Receipt program of Quhuo Limited.

Quhuo Limited (Nasdaq: QH), headquartered in Beijing, is a workforce operational solution platform which provides tech-enabled, end-to-end operational solutions to on-demand consumer service businesses in industries such as food delivery, ride-hailing, housekeeping and bike-sharing.*

“We are pleased to be appointed as depositary bank for Quhuo’s Nasdaq-listed Level III American Depositary Receipt program,” said Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank. “Our broad range of customized services will be used to assist Quhuo in optimizing the visibility of its ADR program.”

In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

* This information was provided by Quhuo Limited (July 2020).

Depositary Receipt Information

Country

China (Cayman Islands incorporated)

Custodian Bank

Deutsche Bank AG, Hong Kong Branch

Effective Date

July 9, 2020

 

 

Level III ADR

 

CUSIP

74841Q 100

ISIN

US74841Q1004

Symbol

QH

Exchange

Nasdaq

Current Ratio

1 ADS: 1 Class A ordinary share

Eligibility

DTC

Depositary Receipt Contacts

Seite 1 von 2
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