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MIXUE Group Class H ( (HK:2097) ) has provided an announcement.
MIXUE Group has applied to China’s securities regulator to convert 22,823,988 domestic unlisted shares, representing about 6.01% of its issued share capital, into H shares tradable on the Hong Kong Stock Exchange. The proposed full circulation plan aims to list these converted shares on the Main Board, expanding the pool of shares available to international investors.
The move, approved by the board and made under the CSRC’s full circulation guidelines, is still subject to regulatory filings, Stock Exchange approval, and completion of detailed implementation arrangements. MIXUE has not yet completed CSRC filing or applied to the Hong Kong bourse for conversion and listing, and it has cautioned shareholders and potential investors that the plan’s execution depends on regulatory processes and may affect trading in its shares.
The most recent analyst rating on (HK:2097) stock is a Hold with a HK$359.00 price target. To see the full list of analyst forecasts on MIXUE Group Class H stock, see the HK:2097 Stock Forecast page.
More about MIXUE Group Class H
MIXUE Group is a joint stock company incorporated in the People’s Republic of China with limited liability and listed in Hong Kong as an H-share issuer. The company operates within the consumer sector and accesses international capital markets through its H shares on the Main Board of the Stock Exchange of Hong Kong, targeting both domestic and overseas investors.
Average Trading Volume: 451,181
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$109.3B
For an in-depth examination of 2097 stock, go to TipRanks’ Overview page.