tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CALB Group Completes H Share Full Circulation to Boost Market Presence

Story Highlights
CALB Group Completes H Share Full Circulation to Boost Market Presence

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CALB Co., Ltd. Class H ( (HK:3931) ) has provided an announcement.

CALB Group Co., Ltd. has successfully completed the conversion of 149,831,290 domestic shares into H shares, which will be listed on the Hong Kong Stock Exchange. This move increases the proportion of H shares in the company’s shareholding structure, potentially enhancing liquidity and attracting more international investors.

The most recent analyst rating on (HK:3931) stock is a Hold with a HK$19.60 price target. To see the full list of analyst forecasts on CALB Co., Ltd. Class H stock, see the HK:3931 Stock Forecast page.

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 in the energy sector. The company is primarily involved in the production and distribution of batteries and related technologies, with a focus on expanding its market presence through strategic stock listings.

Average Trading Volume: 2,962,544

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$37.29B

Learn more about 3931 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1