Chinacache Adss Upgraded To The Nasdaq Global Select Market

ET ChinaCache ADSs Upgraded to the NASDAQ Global Select Market stocks to buy now Text ChinaCache ADSs Upgraded to the NASDAQ Global Select Market BEIJING, Jan. 2, 2014 (GLOBE NEWSWIRE) — ChinaCache International Holdings Ltd. (“ChinaCache” or the “Company”) (Nasdaq:CCIH), the leading total solutions provider of Internet content and application delivery services in China, today announced that effective Thursday, January 2, 2014, ChinaCache’s American depositary shares (“ADSs”), each representing 16 ordinary shares of the Company, will be transferred to and listed on the NASDAQ Global Select Market, NASDAQ’s highest market tier. ChinaCache’s ticker symbol will remain unchanged following its move from the NASDAQ Global Market. Companies must meet more stringent financial and liquidity requirements to be included for trading on the NASDAQ Global Select Market. “We are honored that NASDAQ has recognized our development and achievement over the years since we became a public company in 2010, which we believe clearly define the essence of ChinaCache by listing our ADSs alongside many of the world’s most distinguished companies,” commented Mr.
Full story: http://online.wsj.com/article/PR-CO-20140102-903737.html

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s