Chinese company Will Semiconductor lists on SIX

Will Semiconductor listed 31 million global depository receipts (GDRs) on the SIX Swiss Exchange on 10 November at an offer price of 14.35 US dollars each, according to a statement from the SIX Group. The Shanghai-based company, which specializes in high-performance integrated circuits, is the seventh Chinese company this year to trade its shares abroad on the Swiss stock exchange.

Will Semiconductor's A-shares are listed on the Shanghai Stock Exchange. Each depositary receipt now placed on the SIX represents one A-share of the company. From listing on the SIX Swiss Exchange, Will Semiconductor raised gross proceeds of almost 445 million dollars. ce/hs