A leading national economy hotel chain based in China, 7 Days Group Holdings Limited (“7 Days”), has appointed Citi’s Global Transaction Services business as the depositary bank for its new NYSE-listed American Depositary Receipt (ADR) program.
Siu-chan Kwan, Asia-Pacific Head of Depositary Receipt Services at Citi said, “We are delighted to have been awarded this mandate by 7 Days Group. Furthermore, we look forward to leveraging Citi’s value-added resources, including our unmatched equity distribution network and specialized global investor relations advisory team to assist 7 Days in optimizing the benefits of their ADR program.”
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About Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
About 7 Days Group
7 Days is a leading and fast growing national economy hotel chain based in
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