American depositary shares of Hesai Group, a Shanghai-based developer of sensor technologies used in self-driving cars, rose 11 percent in its US trading debut after raising $190 million from its IPO on the Nasdaq.

总部位于上海的自动驾驶汽车传感器技术开发商合赛集团的美国存托股在纳斯达克首次公开募股筹集1.9亿美元后，在美国上市首日上涨11%。

State-owned China Eastern Airlines and China Southern Airlines both announced in statements on Friday evening that they plan to delist their American depositary shares from the New York Stock Exchange.

国有的中国东方航空公司和中国南方航空公司都在周五晚间的声明中宣布，他们计划将其美国存托股票从纽约证券交易所退市。

American depositary shares refer to shares in foreign companies that are held by US depositary banks and can be traded in the United States.

美国存托股是指由美国存托银行持有并可在美国交易的外国公司股份。

China Eastern said from the business perspective, the amount of American depositary shares it has in the NYSE has been relatively small and remaining listed will require them to be compliant with regular reporting and obligations under the related law, which involves high costs, according to its statement.

东航表示，从商业角度来看，其在纽约证券交易所持有的美国存托股数量相对较少，继续上市将要求它们遵守相关法律规定的定期报告和义务，这涉及高昂的成本。

China Southern said since listing its American depositary shares on the NYSE, the company has never made subsequent financing for the securities listed on the bourse, and being compliant with related regulations involves high costs.

南航表示，自其美国存托股票在纽约证券交易所上市以来，该公司从未为在交易所上市的证券进行过后续融资，遵守相关规定涉及高昂的成本。

A senior executive of China Life Insurance Co Ltd said on Friday that the company will exit the US stock market after taking into account two main factors – the limited trading volume of its American depositary shares (ADSs) relative to the worldwide trading volume of its underlying overseas listed shares (H shares) and the considerable administrative costs of maintaining the listing of the ADSs on the New York Stock Exchange.

中国人寿保险股份有限公司的一位高管周五表示，该公司将在考虑两个主要因素后退出美国股市，即其美国存托股（ADS）的交易量相对于其海外上市股票（H股）的全球交易量有限以及维持美国存托股在纽约证券交易所上市的可观行政成本。

"The delisting will also not change the company's share structure," said Li Mingguang, vice-president, chief actuary and board secretary of China Life Insurance Co Ltd. "Investors can change American depositary shares into H shares if they want to continue to hold China Life's stocks.

中国人寿保险股份有限公司副总裁、首席精算师兼董事会秘书李明光表示：“退市也不会改变公司的股权结构。如果投资者想继续持有中国人寿的股票，可以将美国存托股票改为H股。”。

China's major oil producers Sinopec and PetroChina had both informed the NYSE that they will apply for voluntary delistings of their American depositary shares listed on the exchange in accordance with laws and regulations, the energy behemoths said in separate announcements on Friday.

中国主要石油生产商中石化和中石油均已通知纽约证券交易所，它们将根据法律法规申请在交易所上市的美国存托股自愿退市，这两家能源巨头在周五的单独公告中表示。

Sinopec and PetroChina had both informed the NYSE that they will apply for delistings of their American Depositary Receipts listed on the exchange in accordance with laws and regulations, the oil producers said in separate announcements published on the Shanghai Stock Exchange on Friday.

中石化和中石油周五在上海证券交易所分别发布的公告中表示，它们已通知纽约证券交易所，将根据法律法规申请在交易所上市的美国存托凭证退市。

Green energy company GEM Co Ltd, one of the first two Shenzhen-listed companies to issue global depositary receipts on a Swiss bourse, is expanding its overseas footprint to tap growing global demand for new energy and a circular economy.

绿色能源公司创业板有限公司是首批在瑞士交易所发行全球存托凭证的两家深圳上市公司之一，该公司正在扩大其海外业务，以满足全球对新能源和循环经济日益增长的需求。

After that, Alibaba will become a dual-primary listed company on the New York Stock Exchange in the form of American Depositary Shares (ADSs) and ordinary shares on the Hong Kong Stock Exchange.

此后，阿里巴巴将以美国存托股（ADS）和香港证券交易所普通股的形式成为纽约证券交易所的双重一级上市公司。

Didi said in a statement on Saturday it will not apply to list its shares on any other stock exchange before the delisting of its American Depositary Shares from the New York Stock Exchange is complete.

滴滴在周六的一份声明中表示，在其美国存托股从纽约证券交易所退市完成之前，它不会申请在任何其他证券交易所上市。

As of Friday, the company has purchased 56.2 million American depositary shares under the previously announced buyback program of $9.2 billion, the company said in a statement.

该公司在一份声明中表示，截至周五，该公司已根据此前宣布的92亿美元回购计划购买了5620万股美国存托股票。

As of March 18, the company has purchased 56.2 million American depositary shares (ADS) under the previously announced buyback program for $9.2 billion.

截至3月18日，该公司已根据此前宣布的回购计划，以92亿美元的价格购买了5620万股美国存托股。

On Thursday, before its delisting announcement, Didi's shares－American depositary receipts－closed lower at $7.80.

周四，在宣布退市之前，滴滴的美国存托凭证股价下跌至7.80美元。

American depositary shares of Chinese ride-hailing giant Didi Global Inc ended their first trading day on the New York Stock Exchange 1 percent higher at $14.14 on Wednesday (local time), giving the company a market value of about $68 billion, but also sparking talk of a tough business environment ahead.

Didi planned to offer 288 million American depositary shares, and expected to raise over $4 billion in the IPO.

With its offer of 82.5 million American depositary shares (ADS), the company sought to raise nearly $1.6 billion from one of this year's largest IPOs in the United States by a Chinese firm.

MissFresh, backed by tech giant Tencent Holdings, plans to raise funds from the Nasdaq through a listing of its American depositary shares.

The company's executive directors and executive officers, as well as the company's principal shareholder Propitious Global Holdings Limited, have also pledged, along with the company, that for a 365-day period beginning Tuesday, they will not sell, transfer or otherwise dispose of any of the company's ordinary shares or US depositary shares they currently hold.

NEW YORK -- China National Offshore Oil Corporation (CNOOC) on Sunday said it regrets the decision made by the New York Stock Exchange (NYSE) to delist its American depositary shares (ADSs).

CDR plan follows solid PC sales during COVID; proceeds for R&D, investmentsShares of Chinese mainland technology heavyweight Lenovo Group Ltd on the Hong Kong bourse jumped nearly 10 percent to HK $8.83 ($1.14) on Wednesday, after the company said it planned to issue Chinese depositary receipts on the STAR Market in Shanghai.

Kuke Music Holding Ltd, which provides classical music licensing, subscription and education services in China, raised $50 million at a price of $10 per American Depositary Share in its initial public offering at the New York Stock Exchange on Tuesday.

Megvii signed an agreement with CITIC Securities last September, under which the latter will guide the former to issue Chinese depositary receipts on the STAR Market, according to the website of the China Securities Regulatory Commission.

Chinese tech giant Lenovo Group Ltd on Tuesday filed a notice with the Hong Kong Stock Exchange that the company's board of directors has approved the proposed issuance of Chinese depositary receipts, and the application for CDR listing and trading on the Shanghai Stock Exchange's Science and Technology Innovation Board.

Specifically, multinationals that have great presence in China may get listed in Shanghai's STAR Market by issuing Chinese Depositary Receipts, or CDRs, in the future.

In the first half of 2020, China Pacific issued and listed global depositary receipts on the LSE, making it the first insurer simultaneously listed in Shanghai, Hong Kong and London.

The company plans to list on the New York Stock Exchange (NYSE) under the ticker symbol "BEKE," by offering 106 million American Depositary Shares (ADSs) at a price range of $17 to $19 per share, according to its latest prospectus filed Friday with the US Securities and Exchange Commission.

Trading under the ticker symbol BLCT, the company priced its IPO $16 per American depositary share to raise $84.8 million.

The company announced the pricing of its initial public offering of 20 million American depositary shares (ADSs), each representing four of its ordinary shares, at $16 per ADS for total gross proceeds of $320 million.

The company plans to list on the Nasdaq under the symbol "DADA," by offering 16.5 million American Depositary Shares (ADSs) at a price range of $15 to $17 apiece, according to its prospectus filed Monday with the US Securities and Exchange Commission.

The company, trading under the ticker symbol of "DNK," announced its IPO of 9.6 million American depositary shares (ADSs) at a price to the public of $13.5xa0apiece.

Ehang, an autonomous aerial vehicle technology platform company based in Guangzhou, the capital of Guangdong province, announced on Thursday evening an initial public offering of 3.2 million American depositary shares, at a public offering price of $12.5 per share.

The company priced its initial public offering (IPO) of 1,380,000 American Depositary Shares (ADSs) at $14.5 apiece, the low end of its previously announced price interval, 36Kr said in a statement on Friday.

The company plans to offer 7 million American Depositary Shares at a price range of $13 to $15, according to its latest prospectus filed with the US Securities and Exchange Commission.

The education company plans to offer 5.6 million American Depositary Shares (ADSs) at a price range of $15-$18, each representing one of our Class A ordinary shares, according to its latest prospectus.

The company, trading under the ticker symbol of "DOYU," priced its initial public offering of 67,387,110 American depositary shares (ADSs) at $11.50 per ADS for a total offering size of approximately $775 million, assuming the underwriters their over-allotment option.

The company plans to offer 67,387,110 American Depositary Shares (ADSs) at a price range of $11.50xa0to $14.00 apiece, according to its latest prospectus filed with the US Securities and Exchange Commission.

In addition to changing the rules on exchanges, Chinese regulators also made it clear that overseas-listed tech giants are welcomed in coming back to list on the A-share market, with the issue of Chinese Depositary Receipt (CDR) a "shortcut".

Luckin raised $561 million in its initial public offering Friday by selling 33 million American depositary shares at $17 apiece.

Excluding items, the company earned 2.77 yuan per American depositary share, falling short of estimates of 2.89 yuan per ADS.

The company, trading under the ticker symbol of "YJ," announced its IPO of 11 million American depositary shares (ADSs), at a price to the public of $11 per ADS, for a total offering of approximately $121 million.

The company plans to list on the NASDAQ under the symbol "YJ," by offering 13.5 million American depositary shares, or ADSs, at a price range of $11 to 13, according to its prospectus filed with the US Securities and Exchange Commission.

The online entertainment giant announced the completion of the offering of 14,173,813 American depositary shares (ADSs) at a price of $18 per share, which included an additional 2,700,000 ADSs purchased by the underwriters of the offering.

NEW YORK - Shares of Bilibili Inc, a popular Chinese online entertainment platform, rose around 2 percent in morning sessions on Wednesday, after the company announced the pricing of its latest offering of American depositary shares (ADSs) and convertible bonds, in search for new growth capital in equity markets.

The company sold 13 million American depositary shares to the public.

The company, known in Asia as "Tiger Brokers," trading under the ticker symbol of "TIGR," announced its IPO of 13 million American depositary shares (ADSs), each representing 15 Class A ordinary shares, at a price to the public of $8 per ADS.

The company, which issued its initial public offering (IPO) on the Nasdaq Stock Market in July 2018, intends to offer and sell 37,038,000 American Depositary Shares (ADSs) in an underwritten public offering, according to its news release.

The company, trading under the ticker symbol of "QFIN," announced its IPO of 3,100,000 American Depositary Shares (ADSs), at a price to the public of $16.5 per ADS for a total offering of approximately $51.2 million.

According to the prospectus, the music streaming firm is selling a total of 82 million American depositary shares in the fundraising at an estimated price between $13 and $15.

JD's American depositary receipts fell 8.42 percent to close at $21.11 in Nasdaq trading on Monday.

Renren's American depositary shares, each of which represents fifteen Class-A ordinary shares, gained 8.57 percent to $1.52 on Tuesday, according to the latest statistics from the New York Stock Exchange.

Earlier this year, Xiaomi announced plans to boost international expansion by committing 40 percent of the capital raised from the sale of China Depositary Receipts, also known as CDRs, to overseas operations.

Pintec, which trades under the symbol ``PT", sold 3.7 million American depositary shares or ADS at $11.88 each.

111 Inc's Nasdaq IPO, Ping An Health Cloud's float in Hong Kong likely to spark a trend111 Inc, China's largest online pharmacy and healthcare service provider that started trading its American Depositary Shares on the Nasdaq stock market in September, is expected to inspire other firms to list overseas or in Hong Kong, market insiders said.

Under the framework of the Shanghai-London Stock Connect, a London-listed company such as HSBC could make its shares available to Chinese investors through the issuance of Chinese Depositary Receipts, or CDRs, a special instrument that trades like regular shares of stock.

In the other direction, global investors with accounts at London Stock Connect can access Chinese companies, by purchasing their Global Depositary Receipts, or GDRs, issued through the Shanghai end.

"LAIX priced its initial public offering of 5,750,000 American depositary shares (ADSs) at $12.50 per ADS for a total offering size of roughly $71.9 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs.

"Viomi priced its initial public offering (IPO) of 11.4 million American Depositary Shares (ADSs) at $9.00 per ADS for a total offering size of roughly $103 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

The company, trading under the ticker symbol of "XYF", announced its initial public offering of 11,000,000 American depositary shares (ADSs), each representing two Class A ordinary shares, at a price to the public of $9.5 per ADS for a total offering size of approximately 104.5 million dollars, assuming the underwriters do not exercise their option to purchase additional ADSs.

As the bellwether of its kind in China, 111 Inc issued 8.25 million American Depositary Shares (ADS) with each share at $14, the low end of a price range of $14-$16.

JD's American depositary receipts fell $1.87 per share, or 5.97 percent, to close at $29.43 per share in Nasdaq trading, its lowest share price since February 2017, after Liu was held in Minneapolis, Minnesota, in the United States, on suspicion of criminal sexual misconduct and later released without any charges or bail.

The US-listed JD's American depositary receipts initially fell more than 7 percent on Tuesday, then narrowed its decline and closed down around 6 percent at below $30, its lowest in the past year and a half, the report said.

JD's American depositary receipts traded in Frankfurt, Germany, slumped 4.69 percent to 25.63 euros ($29.70) after the market opened on Monday.

Financial news outlet Caixin citing a source familiar with the matter said Pinduoduo could raise the ceiling on the share price up 20 percent to $22.8 for each American depositary share, given the large oversubscription, but Huang Zheng insisted on pricing at $19 per share.

"Aurora priced its initial public offering (IPO) of 9,060,000 American Depositary Shares (ADSs) at $8.50 per ADS for a total offering size of $77 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

Financial news outlet Caixin cited a source familiar with the matter, who said investors' subscriptions have exceed 20 times the initial share volume, which gave Pinduoduo a right to raise the ceiling on the share price up 20 percent to $22.8 for each American depositary share, but Huang Zheng, founder of Pinduoduo, insisted on $19 per share.

In a surprise move, Xiaomi postponed the issuance of China Depositary Receipts last week, reportedly due to a dispute with Chinese mainland regulators over the valuation of its CDRs.

It will be the biggest IPO globally since 2016 despite a reduction in its valuation and the postponement of its Chinese depositary receipt plan.

Xiaomi has decided to first offer shares in Hong Kong and then issue China Depositary Receipts (CDR) at a "proper time", the company announced on its Sina Weibo official account on Tuesday.

After the market debut in Hong Kong, Xiaomi is said to be considering issuing Chinese Depositary Receipts, with CITIC Securities being picked to handle its CDR issue.

Bilibili, trading under the ticker symbol of "BILI", priced its IPO of 42,000,000 American depositary shares (ADSs), at $11.50 per ADS for a total offering size of approximately $483 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

"OneSmart priced its initial public offering (IPO) of 16,300,000 American Depositary Shares (ADSs) at $11.00 per ADS, for a total offering size of $179.3 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

The duo are offering $20 per American depositary share to acquire all of iKang's outstanding shares, a price tag that stood at the lower limit of an initial proposal back in 2016.

The purchase price will be $65.40 per Class A ordinary share, which is equivalent to $13.08 per American depositary share of Vipshop.

The transaction is expected to close in the near future, as Tencent and JD will purchase the newly issued Class A ordinary shares of Vipshop for $604 million and $259 million respectively, with $13.08 per American Depositary Share, at a 55 percent premium over the closing price of $8.44 the previous trading day.

RISE Education priced its initial public offering of 11 million American depositary shares (ADSs) at $14.50 per ADS, above the range of $12 to $14 given by the company, for a total offering size of approximately $160 million.

Qudian priced its initial public offering of 37,500,000 American depositary shares (ADSs) at $24.00 per ADS for a total offering size of approximately $900 million, assuming the underwriters do not exercise their option to purchase additional ADSs.

RYB Education Inc. , trading under the ticker symbol of "RYB" priced its initial public offering of 7,800,000 American depositary shares (ADSs), at $18.50 per ADS for a total offering size of approximately $144.30 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs.

BEST priced its IPO offering at $10 per American Depositary Receipt (ADR), the lower end of the pricing range of $10 to $11 given by the company, trading under the ticker symbol of BSTI.

But the company has not disclosed how many American depositary shares would be offered or at what price.

Shareholders who tendered their shares after May 4 received the consideration of $465 per share, and holders of American Depositary Shares, who tendered them after May 4 received $93 per ADS, on Wednesday.

The free trade agreement will come into force in 60 days in the Philippines after the country officially deposits the instruments of ratification, acceptance or approval to the ASEAN Secretariat, the agreement's depositary.

After the RCEP officially took effect on Jan 1 last year, the trade pact enters into force 60 days after a member officially deposits the instruments of ratification, acceptance or approval to the ASEAN Secretariat, the agreement's depositary.

This has facilitated Chinese companies to issue global depositary receipts or GDRs on the Frankfurt and Zurich bourses in February as per the CSRC's latest guidance.

The application was submitted in a written letter to New Zealand, the depositary for the DEPA.

The application was submitted in a written letter to New Zealand, the depositary for the DEPA, according to the ministry.

The ROK has recently deposited its instrument of approval to the Secretary-General of ASEAN, who is the depositary of the RCEP agreement.

The nation is the depositary for the DEPA, according to the Ministry of Commerce.

Commerce Minister Wang Wentao submitted the application via a letter to Damien O'Connor, minister for trade and export growth of New Zealand, which is the depositary for the DEPA.

On Thursday, China's Commerce Minister Wang Wentao submitted the application via a letter to Damien O'Connor, minister for trade and export growth of New Zealand, which is the depositary for the CPTPP.

The country tends to tighten its repurchase rates, such as the seven-day repurchase rate for depositary institutions, although the extent of tightening is not obvious.

Two airlines to delist ADS from NYSEState-owned China Eastern Airlines and China Southern Airlines both announced in statements on Friday that they plan to delist their American depositary shares from the New York Stock Exchange.

One of the company's American depositary shares is equivalent to two ordinary shares.

It set a price range of between $13-14 per American depositary share and said it would offer 288 million such shares in its IPO.

Nasdaq-listed Chinese electric carmaker Nio said Monday it is offering 88.5 million American depositary shares to raise around $1.7 billion.

"XPeng priced its initial public offering of 99.7 million American depositary shares (ADSs) at $15 per ADS, above the range of 11 dollars to 13 dollars given by the company, for a total offering size of approximately 1.5 billion dollars.

The company said on Friday it intends to sell 85 million shares American depositary share (ADS), each representing two class A ordinary share, priced between $11 and $13 per share.

Li rocketed nearly 50 percent to trade above $16 on Thursday after pricing their IPO at $11.50 an American Depositary Share.

The carmaker also updated its prospectus to offer 95 million American Depositary Shares at a price range of $8 to $10 apiece, as per its prospectus in the US Securities and Exchange Commission on July 24.