Huishang Bank Adopts Alternative Public-Float Threshold Under HKEX Rules

Huishang Bank ( (HK:3698) ) has provided an update.

Huishang Bank Corporation Limited announced that its board has approved a shift to rely on the Hong Kong Stock Exchange’s Alternative Threshold, rather than the Initial Prescribed Threshold, to meet the minimum public float requirement under the Listing Rules. Under this mechanism, at least 10% of the bank’s issued shares must be held by the public with a market value of at least HK$1 billion; as of 5 February 2026, Huishang Bank’s public H-share float was approximately HK$7.681 billion and represented about 16.08% of its total issued shares, comfortably above the required levels. The board said the change better reflects the bank’s actual circumstances and is in the interests of the bank and its shareholders, signaling confidence in its liquidity and free float while formally aligning its compliance framework with the more flexible listing standard.

The most recent analyst rating on (HK:3698) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on Huishang Bank stock, see the HK:3698 Stock Forecast page.

More about Huishang Bank

Huishang Bank Corporation Limited is a joint stock commercial bank incorporated in the People’s Republic of China with limited liability and listed in Hong Kong. The bank is headquartered in Hefei, Anhui Province, and its H shares are traded on the Main Board of the Hong Kong Stock Exchange under stock code 3698. It is not an authorized institution under Hong Kong’s Banking Ordinance, is not supervised by the Hong Kong Monetary Authority, and is not authorized to conduct banking or deposit‑taking business in Hong Kong, indicating its primary operating footprint is within mainland China.

Average Trading Volume: 9,387,841

Technical Sentiment Signal: Buy

Current Market Cap: HK$50B

For an in-depth examination of 3698 stock, go to TipRanks’ Overview page.