China Huajun Updates Market on Continued Public Float Shortfall and Planned Restoration

China Huajun Group Limited ( (HK:0377) ) has provided an announcement.

China Huajun Group Limited has disclosed that its current public float stands at about 15.68%, below the minimum level required by Hong Kong listing rules, and remains in breach despite previous updates. The company has urged shareholders and potential investors to exercise caution when dealing in its shares while it works to restore compliance.

The group expects completion of its debt restructuring scheme, including adjudication of creditor claims and issuance of Scheme Shares, around June 2026, which will significantly alter its shareholding structure and boost the public float. Management has committed to providing monthly updates on progress, signaling ongoing regulatory scrutiny and a transitional period for existing shareholders as new creditor and subscriber stakes dilute the controlling shareholder’s position.

The most recent analyst rating on (HK:0377) stock is a Hold with a HK$0.91 price target. To see the full list of analyst forecasts on China Huajun Group Limited stock, see the HK:0377 Stock Forecast page.

More about China Huajun Group Limited

China Huajun Group Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 377. The group operates through various subsidiaries, with controlling shareholder Huajun Group Limited wholly owned by Mr. Meng Guang Bao, and maintains a dispersed base of other institutional and public shareholders in the Hong Kong market.

Average Trading Volume: 5,830

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$58.47M

Learn more about 0377 stock on TipRanks’ Stock Analysis page.