Dec. 6 at 12:34 PM
$QH Share Scarcity!
“For Quhuo's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-90 reverse ADS split and will have no impact on an ADS holder's proportional equity interest in the company.”
“As a result of the change in the ADS Ratio, Quhuo's ADS trading price is expected to increase proportionally, although the Company can give no assurance that the ADS trading price after the change in the ADS Ratio will be equal to or greater than 90 times the ADS trading price before the change.”
https://finance.yahoo.com/news/quhuo-announces-plan-implement-ads-201000583.html