Summary by Futu AI
GDS Holdings has announced that JPMorgan Chase Bank, N.A., the depositary of its American depositary shares, will be replaced by HSBC in Hong Kong on August 12, 2024. This change will result in the inability of GDS Holdings to convert between American depositary shares and ordinary shares in the Cayman Islands and Hong Kong from August 5, 2024, to August 12, 2024. The company emphasizes that this change will not affect the trading of its securities on the Nasdaq global market or the Hong Kong Stock Exchange during the transition period. Led by Mr. Huang Weixian, GDS Holdings is a company controlled by different voting rights and listed on the Nasdaq Global Market and the Hong Kong Stock Exchange under the stock codes GDS and 9698, respectively.