FIT Hon Teng to Rely on Alternative Public Float Threshold from 2026

FIT Hon Teng Limited ( (HK:6088) ) just unveiled an update.

FIT Hon Teng Limited has announced that, effective 1 January 2026, it will adopt the Hong Kong Stock Exchange’s Alternative Threshold for minimum public float compliance, moving away from the Initial Prescribed Threshold. This shift allows the company to maintain a substantial public float while gaining greater flexibility to undertake capital-related transactions that may alter its share structure. The board said the decision reflects the company’s current shareholding structure, trading liquidity and overall circumstances, and is intended to support the interests of the company and its shareholders. As of 1 January 2026, FIT Hon Teng’s public float stood at about HK$7.27 billion, representing roughly 20.43% of its issued share capital, comfortably exceeding the Alternative Threshold requirements and underscoring a robust market value and liquidity position for minority investors.

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 operating in Hong Kong as FIT Hon Teng, is part of the Foxconn group and is listed on the Hong Kong Stock Exchange. The company is engaged in interconnect technologies and related electronic components, serving global electronics and technology markets with a focus on connectivity solutions for a wide range of devices and applications.

Average Trading Volume: 57,174,253

Technical Sentiment Signal: Buy

Current Market Cap: HK$35.98B

Learn more about 6088 stock on TipRanks’ Stock Analysis page.