16th Oct 2015 11:11
LONDON (Alliance News) - Hutchison China Meditech Ltd on Friday said it it has filed documents in the US about a potential listing of American depositary shares representing its ordinary shares on the Nasdaq Stock Market.
The pricing and size of the ADS issue are yet to be determined.
"The directors of Chi-Med will assess various factors, including market conditions, in considering whether to formally launch the transaction." the company said.
Shares in the healthcare group were up 0.4% at 1,940.00 pence on Friday shortly after midday.
By Samuel Agini; [email protected]; @samuelagini
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