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Dragon Rise Group Holdings Ltd. ( (HK:6829) ) just unveiled an announcement.
Dragon Rise Group Holdings will reduce the trading board lot size of its shares on the Hong Kong Stock Exchange from 10,000 to 1,000 shares, effective at 9:00 a.m. on April 23, 2026. Based on the current HK$2.40 share price, the minimum investment per lot will fall from HK$24,000 to HK$2,400, a move the board believes will improve share liquidity and broaden the shareholder base without altering existing rights.
Shareholders can exchange old share certificates in lots of 10,000 shares for new ones in lots of 1,000 shares free of charge between April 9 and May 18, 2026, during business hours. The company does not plan other corporate actions or fundraising in the next 12 months that would undermine this change, though it may consider future debt or equity financing if suitable opportunities arise to support its operations and development.
Trading in 10,000-share lots will continue on a temporary counter from April 23, 2026, while the original counter will switch to 1,000-share lots on that date. No special odd-lot matching arrangement will be introduced, as the change itself will not create new odd lots beyond those already existing before the effective date.
The most recent analyst rating on (HK:6829) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Dragon Rise Group Holdings Ltd. stock, see the HK:6829 Stock Forecast page.
More about Dragon Rise Group Holdings Ltd.
Dragon Rise Group Holdings Ltd., incorporated in the Cayman Islands and listed on the Main Board of the Hong Kong Stock Exchange, operates as a public company with its shares traded under stock code 6829. The group serves a broad base of shareholders in Hong Kong’s equity market, focusing on maintaining accessible trading and stable capital market participation for investors.
Average Trading Volume: 303,286
Technical Sentiment Signal: Buy
Current Market Cap: HK$691.2M
Learn more about 6829 stock on TipRanks’ Stock Analysis page.