ADAMA welcomes inclusion into the Shenzhen-Hong Kong Stock Connect

Global crop protection group ADAMA, the combination of Adama Agricultural Solutions Ltd. and Hubei Sanonda Co., Ltd. (together, “ADAMA” or “the Combined Company”), recently welcomed the recent inclusion of its A shares into the Shenzhen-Hong Kong Stock Connect.

The Shenzhen-Hong Kong Stock Connect is a link between the Hong Kong and Shenzhen Stock Exchanges allowing international and Chinese investors to trade securities in both markets through the trading and clearing facilities of their home exchange. Under the “Northbound Trading” channel, international investors are able to place orders to trade eligible shares listed on the Shenzhen Stock Exchange through their Hong Kong brokers. To qualify for participation in the Stock Connect, Shenzhen-listed A shares need to be included in one of the relevant Shenzhen A-Share indices, and cross a market capitalization threshold.

Wayne Rudolph, Head of Investor Relations of the Combined Company, said: “We are pleased to be included in the Stock Connect soon following the completion of our combination several months ago. Through our combination, ADAMA has returned to the public equity markets, realizing its strategic vision of creating the only integrated, publicly traded Global-China crop protection company. Our inclusion in the Stock Connect enables international investors, both institutional and retail, to participate in our unique journey.”