NASDAQ : DSC
-$0.12 (-2.17%)
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Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd.
NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of DSC Holdings Ltd. DSC Holdings Ltd. (NASDAQ: DSC) provides AI application infrastructure for China's used car industry. According to CIC, DSC has held an over 90% market share in operating systems for China's used car dealers since at least 2021. Building on this digital foundation, DSC further supports used car dealers with essential transacti. businesswire.com - 2026-06-26 16:00:00 |
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Does DSC IPO Augur A Revival Of China Listings On Wall Street?
Shares of the owner of an operating system used by more than half of China's used car dealers lost nearly half their value in their first trading day on the Nasdaq benzinga.com - 2026-06-26 06:33:26 |
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DSC Holdings Ltd. Announces Pricing of Initial Public Offering
BEIJING, June 25, 2026 (GLOBE NEWSWIRE) -- DSC Holdings Ltd. (“DSC” or the “Company”) (NASDAQ: DSC), the AI application infrastructure for China's used car industry, today announced that it has priced its initial public offering of 3,000,000 American depositary shares (“ADSs”) at US$17 per ADS, for a total offering size of approximately US$51 million, assuming the underwriters do not exercise their over-allotment option to purchase additional ADSs. Each ADS represents 20 Class A ordinary shares of the Company. The ADSs are expected to begin trading on the Nasdaq Global Market today under the ticker symbol “DSC.” The offering is expected to close on June 26, 2026, subject to customary closing conditions. globenewswire.com - 2026-06-25 05:15:00 |