Appointment of Cavendish as Joint Corporate Broker in London Hong Kong, Shanghai & Florham Park, NJ - Tuesday
Tuesday, December 31, 2024 1 min read
Key Takeaway: HUTCHMED (China) Limited has announced the appointment of Cavendish Capital Markets Limited as its new joint Corporate Broker in London, effective January 1, 2025. This strategic addition complements the existing roles of Panmure Liberum Limited and HSBC Bank plc, who will continue their involvement as joint brokers. The move aims to strengthen HUTCHMED's presence in the London market and comply with AIM rules through its nominated advisor.
Market Sentiment Analysis
POSITIVE FACTORS
Appointment of Cavendish Capital Markets as joint Corporate Broker indicates growth and strategic partnership.
Continued collaboration with established firms like Panmure Liberum and HSBC enhances credibility.
Broadened support in London may improve market presence for HUTCHMED.
Full Press Release Details
Appointment of Cavendish as Joint Corporate Broker in London
Hong Kong, Shanghai & Florham Park, NJ - Tuesday, December 31, 2024: HUTCHMED (China) Limited ("HUTCHMED") (Nasdaq/AIM:HCM; HKEX:13) today announces that it has appointed Cavendish Capital Markets Limited as its joint Corporate Broker in London with effect from January 1, 2025. Panmure Liberum Limited and HSBC Bank plc will continue to act as joint Corporate Brokers in London and Panmure Liberum Limited will continue to act Nominated Advisor to HUTCHMED in London in respect of the AIM rules.