On 18 May, OTC Markets Group Inc., operator of financial markets for 10 000 US and global securities, announced that China-based coal mining company Yanzhou Coal Mining Company Ltd., has qualified to have its American Depositary Receipts (ADRs) trade on the OTCQX® Best Market. Yanzhou Coal Mining upgraded to OTCQX from the Pink® market.
On the day this was announced, Yanzhou Coal Mining began trading on on OTCQX under the symbol ‘YZCAY.’
"We welcome Yanzhou Coal Mining to the OTCQX Best Market," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will enable Yanzhou to provide further transparency to shareholders and increase its visibility among US investors."