BCD Semiconductor Manufacturing (BCD) has appointed Deutsche Bank as depositary bank for the Nasdaq-listed American depositary receipt (ADR) programme. BCD is a China-based provider of analog integrated circuits (ICs), specialising in the design, manufacture and sale of a broad range of power management semiconductors to the large, and expanding Asian electronics industry.
Akbar Poonawala, head of global equity services at Deutsche Bank, said: “We are delighted to be BCD’s depositary bank of choice. This appointment underscores Deutsche Bank’s commitment to the People’s Republic of China and we look forward to ensuring that the company’s shareholders receive the highest level of service.”
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