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AviChina Industry & Technology Co ( (HK:2357) ) has shared an update.
AviChina Industry & Technology Co., Ltd. has announced its board’s approval for the conversion of 261,522,000 domestic shares into H shares, representing approximately 3.28% of its total issued shares. This move, part of the company’s H Share Full Circulation initiative, is subject to regulatory approvals and aims to enhance the liquidity of its shares on the Hong Kong Stock Exchange, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (HK:2357) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on AviChina Industry & Technology Co stock, see the HK:2357 Stock Forecast page.
More about AviChina Industry & Technology Co
AviChina Industry & Technology Co., Ltd. is a joint stock limited company incorporated in China, primarily engaged in the aviation industry. The company focuses on the development, manufacturing, and sale of aviation products and technologies, catering to both domestic and international markets.
Average Trading Volume: 32,224,693
Technical Sentiment Signal: Hold
Current Market Cap: HK$31.17B
Find detailed analytics on 2357 stock on TipRanks’ Stock Analysis page.