Kerrisdale and Steamboat Capital Send Letter to ACM Research Inc. Regarding Hong Kong Listing
Kerrisdale Capital Management and Steamboat Capital Partners sent a letter to ACM Research Inc. expressing support for the company's planned Hong Kong share listing. The letter highlights the potential benefits of the listing in addressing the significant discount between ACMR shares listed on NASDAQ and ACMS shares on the Shanghai Stock Exchange. The move could provide opportunities to reduce or eliminate the discount.
Tickers: $ACMR
Topics: ACM Research corporate strategy Hong Kong share discount stock listing