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China Zhengtong Auto Services Holdings ( (HK:1728) ) has provided an announcement.
China Zhengtong Auto Services Holdings Limited announced that it has received a temporary waiver from the Hong Kong Stock Exchange, allowing it to not comply with the minimum public float requirement of 25% until December 31, 2025. This waiver comes after the company’s public float fell to approximately 9.29% following a recent offer, leading to the suspension of its trading shares. The company plans to make further announcements regarding the restoration of the public float as necessary.
More about China Zhengtong Auto Services Holdings
China Zhengtong Auto Services Holdings Limited is a company incorporated under the laws of the Cayman Islands, operating in the automotive services industry. It is listed on the Hong Kong Stock Exchange and focuses on providing a range of auto-related services.
Average Trading Volume: 12,353,142
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.43B
For an in-depth examination of 1728 stock, go to TipRanks’ Overview page.