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The action took effect in May this year after the board of directors decided to terminate the ADR, later issuing a notice to the ADR agency BNY Mellon. Q2 2021 hedge fund letters, conferences and more China Unicom Issues 4.2 Million American Depositary SecuritiesThe announcement shows that on July 20, 2021, China Unicom issued approximately 4.2 million American depositary securities, accounting for approximately 0.1% of the company's total issued shares. Hence industry insiders think that delisting will have little impact on the firm. Holders of ADRs have the right to return the shares they ho...
ValueWalk
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