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iMotion Automotive Advances H Share Conversion with CSRC Filing

Story Highlights
  • iMotion Automotive focuses on automotive technologies with a global market presence.
  • CSRC issued a filing notice for iMotion’s H share conversion, pending further procedures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elevate Your Investing Strategy:

iMotion Automotive Technology (Suzhou) Co., Ltd. Class H ( (HK:1274) ) has provided an announcement.

iMotion Automotive Technology (Suzhou) Co., Ltd. has announced that the China Securities Regulatory Commission (CSRC) has issued a filing notice regarding the full circulation of its unlisted shares into H shares. This marks a significant step in the company’s efforts to convert and list these shares, although the implementation plan is not yet finalized and further regulatory procedures are required. The completion of this process could potentially enhance the company’s market positioning and provide more liquidity options for its shareholders.

More about iMotion Automotive Technology (Suzhou) Co., Ltd. Class H

iMotion Automotive Technology (Suzhou) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the automotive technology industry. The company focuses on the development and provision of automotive technologies and solutions, with a market presence that includes both domestic and international stakeholders.

Average Trading Volume: 4,744,310

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.4B

Find detailed analytics on 1274 stock on TipRanks’ Stock Analysis page.

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