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China Next-Gen Commerce Restores Public Float Compliance

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China Next-Gen Commerce Restores Public Float Compliance

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S&T Holdings Ltd. ( (HK:3928) ) has provided an update.

China Next-Gen Commerce and Supply Chain Limited announced that it has been granted a temporary waiver from the Hong Kong Stock Exchange regarding the minimum public float requirement after falling slightly below the 25% threshold. To restore compliance, the company disposed of a small number of shares, bringing the public float back to the required 25%, thereby stabilizing its market position and ensuring adherence to listing rules.

The most recent analyst rating on (HK:3928) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on S&T Holdings Ltd. stock, see the HK:3928 Stock Forecast page.

More about S&T Holdings Ltd.

China Next-Gen Commerce and Supply Chain Limited, formerly known as S&T Holdings Limited, is incorporated in the Cayman Islands and operates in the commerce and supply chain industry.

Average Trading Volume: 727,796

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.09B

Find detailed analytics on 3928 stock on TipRanks’ Stock Analysis page.

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