News: Mingyang Smart Energy raises $657 Million in London Listing


Stock Exchange Notice - Mingyang Smart Energy Group (SHA:601615) has raised $657 million from its listing of global depositary receipts (GDRs) on the London Stock Exchange (LSE).

The Chinese wind turbine manufacturer joined the London exchange through the Shanghai-London Stock Connect program, according to a release from the LSE on Wednesday.

Mingyang is the first Chinese wind power equipment maker to list on the LSE.

The company's GDRs were priced at $21 during the initial public offering.

Price (RMB): ¥34.35, Change: ¥+0.35, Percent Change: +1.03%

Source: Market Screener


E.A.S.I. Consult LLC