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Shanghai Henlius Biotech Gains Approval for H Share Full Circulation

Story Highlights
  • Shanghai Henlius Biotech focuses on biologic medicines in the biopharmaceutical industry.
  • CSRC accepted Henlius’s H Share application, enhancing market presence and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai Henlius Biotech Gains Approval for H Share Full Circulation

Confident Investing Starts Here:

Shanghai Henlius Biotech, Inc. Class H ( (HK:2696) ) just unveiled an announcement.

Shanghai Henlius Biotech, Inc. has announced that the China Securities Regulatory Commission (CSRC) has accepted its application for the H Share Full Circulation. This development will allow certain unlisted shares of the company to be converted into H shares, which will be listed and traded on the Main Board of the Hong Kong Stock Exchange. This move is expected to enhance the company’s market presence and liquidity, providing more opportunities for investors and potentially strengthening its position in the biopharmaceutical industry.

More about Shanghai Henlius Biotech, Inc. Class H

Shanghai Henlius Biotech, Inc. is a biotechnology company based in China, focusing on the development and commercialization of high-quality biologic medicines. The company operates primarily in the biopharmaceutical industry, offering products and services related to the research and production of therapeutic proteins and monoclonal antibodies.

Average Trading Volume: 1,431,220

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.78B

See more data about 2696 stock on TipRanks’ Stock Analysis page.

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