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Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ) just unveiled an announcement.
Lygend Resources & Technology has moved a step closer to a dual listing in mainland China, submitting application materials for an initial public offering of its A shares on the Main Board of the Shenzhen Stock Exchange and receiving formal acceptance of the filing on 31 December 2025. The proposed A share offering, which remains subject to approvals from the Shenzhen Stock Exchange, the China Securities Regulatory Commission and other regulators, could broaden the company’s investor base and enhance liquidity, but the board cautioned shareholders and potential investors that there is no assurance the transaction will proceed or be completed successfully and urged caution in dealing in its securities until further updates are disclosed.
The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.
More about Lygend Resources & Technology Co., Ltd. Class H
Lygend Resources & Technology Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong, operating in the resources and technology sector. The company focuses on resource-related businesses and technologies, and its shares (Class H) are traded on the Main Board of the Hong Kong Stock Exchange under stock code 2245.
Average Trading Volume: 5,971,613
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.86B
Find detailed analytics on 2245 stock on TipRanks’ Stock Analysis page.