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FIT Hon Teng Limited ( (HK:6088) ) has issued an update.
FIT Hon Teng Limited has clarified that, with effect from 1 January 2026, it is relying on an alternative public float threshold under Hong Kong Listing Rules to meet minimum public float requirements, following regulatory changes to the definition of “the public” that slightly reduced its free float. The shift to the alternative threshold is partly driven by amendments that caused certain ungranted shares held in its restricted share award scheme to no longer count as public holdings, and the company says this approach will give it greater flexibility in managing the scheme and adjusting to ongoing regulatory changes affecting its public float.
The most recent analyst rating on (HK:6088) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on FIT Hon Teng Limited stock, see the HK:6088 Stock Forecast page.
More about FIT Hon Teng Limited
FIT Hon Teng Limited, incorporated in the Cayman Islands under the name Foxconn Interconnect Technology Limited and carrying on business in Hong Kong, is part of the broader Foxconn ecosystem and focuses on interconnect solutions and related electronic components, serving global technology and electronics manufacturers.
Average Trading Volume: 46,709,693
Technical Sentiment Signal: Buy
Current Market Cap: HK$35.69B
See more insights into 6088 stock on TipRanks’ Stock Analysis page.