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Folangsi Co., Limited Class H ( (HK:2499) ) just unveiled an update.
Folangsi Co., Limited has announced the successful filing with the China Securities Regulatory Commission (CSRC) for the full circulation of its H Shares. This move involves converting 43,056,968 Unlisted Shares held by three shareholders into H Shares, which will then be listed on the Main Board of the Hong Kong Stock Exchange. This development is significant for the company as it enhances its market presence and offers greater liquidity for its shares, potentially impacting its stakeholders positively by increasing the accessibility and tradability of its shares.
More about Folangsi Co., Limited Class H
Folangsi Co., Limited is a company incorporated in the People’s Republic of China, operating with a focus on the conversion and circulation of shares within the stock market. The company is involved in the financial services industry, specifically dealing with the issuance and management of H Shares on the Hong Kong Stock Exchange.
YTD Price Performance: -18.83%
Average Trading Volume: 88,883
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.09B
Find detailed analytics on 2499 stock on TipRanks’ Stock Analysis page.