Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Kuke Music Holding Limited
Deutsche Bank has been appointed as the depositary bank for Kuke Music Holding Limited's Level III American Depositary Receipt program. Kuke Music, based in Beijing, offers classical music licensing, subscription, and educational services in China. Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank, stated the firm will provide customized services to enhance Kuke Music's ADR visibility. The program is effective from January 14, 2021, and Kuke Music is traded on the NYSE under the symbol KUKE.
- Appointment as depositary bank for Kuke Music Holding Limited's ADR program.
- Deutsche Bank's expertise in enhancing visibility for ADR programs.
- None.
Deutsche Bank announced today its appointment as depositary bank for the NYSE-listed American Depositary Receipt program of Kuke Music Holding Limited.
Kuke Music Holding Limited (NYSE: KUKE), headquartered in Beijing, China, is a provider of classical music licensing, subscription and education services, including smart music education services, in China, as well as an organizer of live classical music events in China.*
“We are pleased to be appointed as depositary bank for Kuke Music Holding Limited’s sponsored Level III American Depositary Receipt program,” said Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank. “Our broad range of customized services will be used to assist Kuke Music in optimizing the visibility of its ADR program.”
In addition to specializing in administering cross-border equity structures such as New York Shares and American and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.
* This information was provided by Kuke Music Holding Limited (January 2021).
Depositary Receipt Information |
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Country |
China (Cayman Islands incorporated) |
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Custodian Bank |
Deutsche Bank AG, Hong Kong Branch |
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Effective Date |
January 14, 2021 |
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Level III ADR |
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CUSIP |
501229 108 |
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ISIN |
US5012291085 |
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Symbol |
KUKE |
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Exchange |
NYSE |
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Current Ratio |
1 ADS: 1 Class A ordinary share |
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Eligibility |
DTC |
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Depositary Receipt Contacts |
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Head of Depositary Receipts |
New Business Development |
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Daniel Clark |
William Ng |
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Tel: +44 (0) 20 7541 6888 |
Tel: +852 2203 7889 |
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Markets Distribution |
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London |
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Tel: +44 (0) 20 7547 6500 |
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New York |
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Tel: +1 212 250 9100 |
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Hong Kong |
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Tel: +852 2203 7854 |
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Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© January 2021 Deutsche Bank AG. All rights reserved.
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