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The latest announcement is out from Allan International Holdings Limited ( (HK:0684) ).
Allan International Holdings Limited has disclosed that its current public float stands at 24.04%, below the Hong Kong Listing Rules’ minimum requirement of 25% of issued share capital held by the public. The company remains in non-compliance and has detailed its shareholder structure, showing significant holdings by controlling shareholders and connected persons.
The board is reviewing the capability of a proposed financial adviser and exploring other options to restore compliance with public float rules. Allan International expects to appoint an adviser by April 2026 and to restore its public float by August 2026, and will issue monthly updates as it implements measures to bring its shareholding structure back in line with regulatory requirements.
The most recent analyst rating on (HK:0684) stock is a Hold with a HK$0.58 price target. To see the full list of analyst forecasts on Allan International Holdings Limited stock, see the HK:0684 Stock Forecast page.
More about Allan International Holdings Limited
Allan International Holdings Limited is a Hong Kong-listed company incorporated in Bermuda and traded under stock code 684. The group operates in the consumer electronics and small home appliance sector, supplying products to international brands and retailers, with a focus on export-driven manufacturing and OEM/ODM services in global markets.
Average Trading Volume: 73,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$189.8M
For an in-depth examination of 0684 stock, go to TipRanks’ Overview page.