Yunji Announced That It Plans To Change Its American Depositary Shares (ADSs) To Its Class A Ordinary Shares ADS Ratio To 1 ADS To 400 Class A Shares (From 1 to 100 Earlier)
Portfolio Pulse from Benzinga Newsdesk
Yunji announced a change in its American Depositary Shares (ADSs) to Class A Ordinary Shares ratio from 1 ADS to 100 Class A shares to 1 ADS to 400 Class A shares.
September 11, 2024 | 10:08 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Yunji is altering its ADS to Class A Ordinary Shares ratio from 1:100 to 1:400, which may affect the stock's liquidity and market perception.
The change in ADS ratio could impact the liquidity of Yunji's shares as it alters the number of shares represented by each ADS. This might affect investor perception and trading volumes, but the direct impact on stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100