Overview
Description
China Steel Corporation Sponsored GDR represents a significant financial instrument allowing investors access to one of the largest steel manufacturers in Asia. This global depository receipt provides investors outside Taiwan the opportunity to invest in China Steel Corporation, bypassing some of the logistical complexities of direct regional investment. The primary function of this GDR is to facilitate capital raising from international markets, functioning as a bridge between Taiwan's steel industry and global investors. China Steel Corporation is pivotal in the industrial sector, supplying a wide range of steel products necessary for construction, shipbuilding, and automotive industries, among others. Sponsored by the company, these GDRs are issued in compliance with international standards, ensuring transparency and regulatory adherence. This asset plays a crucial role in diversifying investment portfolios with exposure to the dynamic and expanding Asian industrial market, while providing China Steel Corporation with enhanced liquidity and broadened shareholder base. GDRs like these exemplify financial instruments designed to enhance cross-border economic activity and investment.
About
CEO
Mr. Carl Wayne Herberger
Employees
87
Address
1 Chung-Kang Road
Siaogang District
Kaohsiung, 81233
Siaogang District
Kaohsiung, 81233
Phone
886 7 802 1111
Website
Instrument type
Depositary receipt
Sector
Basic Materials
Industry
Steel
Country
United States
MIC code
PINX