Guoquan Food (Shanghai) Company., Ltd. Class H (HK:2517) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Guoquan Food (Shanghai) Co., Ltd. has received approval from the Hong Kong Stock Exchange for the conversion of over 11 million domestic unlisted shares into H shares, facilitating full circulation. This strategic move alters the company’s shareholding structure, increasing the proportion of H shares to approximately 65.86% of the total shares. This development is poised to enhance the company’s market liquidity and investor engagement.
For further insights into HK:2517 stock, check out TipRanks’ Stock Analysis page.