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Xunlei Appoints JPMorgan as New ADR Depositary
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Xunlei Appoints JPMorgan as New ADR Depositary

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Xunlei ( (XNET) ) has provided an announcement.

Xunlei Limited has announced a change in its American Depositary Receipt (ADR) program by appointing JPMorgan Chase Bank as the new depositary, effective December 31, 2024. This strategic move aims to enhance Xunlei’s financial operations and potentially strengthen its market presence, with no required actions from ADR holders.

More about Xunlei

Founded in 2003, Xunlei Limited is a leading technology company in China specializing in distributed cloud services. The company offers a diverse range of products and services, focusing on cloud acceleration, shared cloud computing, and digital entertainment to enhance internet experiences.

YTD Price Performance: 0.0%

Average Trading Volume: 151,392

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $133.1M

See more data about XNET stock on TipRanks’ Stock Analysis page.

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