J.P. Morgan Selected As Depositary Bank For Shanda Games’ Adr Program
Beijing, October 16, 2009 – J.P. Morgan announced today that it has been appointed as depositary bank for the American Depositary Receipt (‘ADR’) program of Shanda Games Limited (‘Shanda Games’), one of China’s largest online game providers.
Shanda Games is an online game developer, operator and publisher in China. The Firm offers a diversified game portfolio, which includes multiplayer online role-playing games and advanced casual games in China, targeting a large and diverse community of users.
“We are proud to be involved in this landmark IPO listing, which is the largest ever sole U.S. listed IPO issued by a Chinese company and one of the largest IPOs in the U.S. this year to date. We look forward to continuing to work with Shanda Games to help them grow their investor base in the U.S.," said Kenneth Tse, Asia Pacific Head of J.P. Morgan’s Depositary Receipts Group.
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