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CALB Group Announces H Share Full Circulation Plan

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CALB Group Announces H Share Full Circulation Plan

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An update from CALB Co., Ltd. Class H ( (HK:3931) ) is now available.

CALB Group Co., Ltd. has announced its plan to implement the full circulation of H Shares, converting 149,831,290 domestic shares into H Shares, which represents approximately 8.45% of its total issued share capital. This move is part of the company’s strategy to enhance liquidity and market presence, subject to approvals from the China Securities Regulatory Commission and the Hong Kong Stock Exchange. The conversion aims to align with regulatory guidelines and improve shareholder value, with further announcements to follow as the process progresses.

More about CALB Co., Ltd. Class H

CALB Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the financial sector. The company is listed on the Hong Kong Stock Exchange and focuses on providing financial services.

YTD Price Performance: 21.00%

Average Trading Volume: 2,025,932

Technical Sentiment Signal: Sell

Current Market Cap: HK$27.58B

Find detailed analytics on 3931 stock on TipRanks’ Stock Analysis page.

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