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Guoquan Food Secures Approval for H Share Full Circulation

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Guoquan Food Secures Approval for H Share Full Circulation

Confident Investing Starts Here:

Guoquan Food (Shanghai) Company., Ltd. Class H ( (HK:2517) ) just unveiled an update.

Guoquan Food (Shanghai) Co., Ltd. has received approval from the Stock Exchange of Hong Kong for the full circulation of its H shares, marking a significant step in its market operations. The approval allows for the conversion and listing of 937,948,348 domestic unlisted shares into H shares, which will constitute approximately 34.14% of the company’s total shares post-conversion. This move is expected to enhance the company’s shareholding structure and improve trading liquidity.

More about Guoquan Food (Shanghai) Company., Ltd. Class H

YTD Price Performance: 15.98%

Average Trading Volume: 25,537,941

Technical Sentiment Signal: Sell

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