Da Ming International Holdings Limited (HK:1090) has released an update.
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Da Ming International Holdings Limited successfully restored its public float to the required 25% by disposing of 5 million shares on the open market. This move ensures compliance with the Hong Kong Stock Exchange’s regulations, potentially stabilizing investor confidence in the company’s stock. The public now holds 25.023% of Da Ming’s total shares, marking a significant step in maintaining market integrity.
For further insights into HK:1090 stock, check out TipRanks’ Stock Analysis page.