A Brief Guide to Listing Swiss Global Depository Receipts
November 07, 2022 | BY
Susan MokChristina Lee, Wang Hang, Dr. Matthias Courvoisier and Daisy Chen of Baker McKenzie and Stella Hu of FenXun Partners highlight the requirements, framework and benefits for listing global depository receipts (GDRs) on the SIX Swiss Exchange and discuss how it differs from the London Connect.
Summary
- The listing eligibility requirements and conditions for maintaining listing are more flexible than those in Hong Kong, the United States and mainland China.
- Under the China-Switzerland Stock Connect scheme, PRC companies could have access to Swiss capital markets by listing GDRs on SIX.
- The listing process of Swiss GDR is fast and efficient and post-listing maintenance fees are modest.