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An announcement from Folangsi Co., Limited Class H ( (HK:2499) ) is now available.
Folangsi Co., Ltd has received approval from the Hong Kong Stock Exchange for the listing and trading of 43,056,968 H Shares, converted from Unlisted Shares as part of the H Share Full Circulation initiative. This conversion involves three shareholders and represents approximately 12.37% of the company’s total issued share capital, potentially enhancing market liquidity and shareholder value.
More about Folangsi Co., Limited Class H
Folangsi Co., Ltd is a joint stock company incorporated in the People’s Republic of China, operating within the financial sector. The company is involved in the issuance and management of H Shares, focusing on expanding its market presence through stock exchange listings.
YTD Price Performance: -20.19%
Average Trading Volume: 90,169
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.05B
Learn more about 2499 stock on TipRanks’ Stock Analysis page.