Summary by Moomoo AI
GDS Holdings announced that JP Morgan Chase Bank, N.A., the depositary for its American Depositary Shares, will be replaced by HSBC Hong Kong on August 12, 2024. This change will result in the inability to convert between GDS's American Depositary Shares and its Cayman Islands and Hong Kong ordinary shares from August 5, 2024, to August 12, 2024. The company emphasized 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. GDS Holdings, led by Mr. William Huang, is a company with different voting rights that is listed on the Nasdaq Global Market and the Hong Kong Stock Exchange under the stock codes GDS and 9698, respectively.