Tag Archives: CapLaw-2023-34
EUR 500 Million Issuance of Bail-In Bonds by Raiffeisen USD 105 million Offering of GDR and Listing on SIX Swiss Exchange by Kunshan Dongwei Technology Co., Ltd.
In June 2023, Kunshan Dongwei Technology Co., Ltd. whose A Shares are listed on Shanghai Stock Exchange, sold 5,888,000 GDRs representing two A-Shares each at an offer price of USD 17.80, raising gross proceeds of approximately USD 105.0 million from the offering. Trading in the GDRs on SIX Swiss Exchange commenced on 13 June 2023.