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Allan International Targets August 2026 to Restore Required Public Float

Story Highlights
  • Allan International’s public float is about 24.04%, below Hong Kong’s 25% minimum requirement.
  • The company plans to appoint an adviser and aims to restore public float compliance by August 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Allan International Targets August 2026 to Restore Required Public Float

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Allan International Holdings Limited ( (HK:0684) ) has shared an announcement.

Allan International Holdings Limited has disclosed that its public float currently stands at about 24.04%, below the 25% minimum required under Hong Kong listing rules, and therefore remains non-compliant with the exchange’s public float requirement. The board has been in discussions with core connected persons about disposing of part of their shareholdings and, in light of volatility in the Hong Kong market and global economic uncertainty, plans to engage a financial adviser by April 2026 to help develop and implement feasible measures to restore the public float by August 2026, while issuing regular updates and urging shareholders and potential investors to exercise caution when dealing in the shares.

The most recent analyst rating on (HK:0684) stock is a Hold with a HK$0.50 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 on the Main Board of the Stock Exchange of Hong Kong under stock code 684. It has a board comprising executive and independent non-executive directors, indicating a typical listed corporate governance structure, though the announcement does not specify its industry or principal business activities.

Average Trading Volume: 63,652

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$173.2M

Find detailed analytics on 0684 stock on TipRanks’ Stock Analysis page.

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