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Shanghai REFIRE Group Ltd. Class H ( (HK:2570) ) has issued an announcement.
Shanghai REFIRE Group Ltd. has announced its intention to implement the full circulation of its H shares by converting 26,610,565 domestic shares into H shares, which will be listed and traded on the Main Board of the Stock Exchange of Hong Kong. This move is part of the company’s strategic efforts to align with the guidelines set by the China Securities Regulatory Commission and enhance its market presence by increasing the liquidity and accessibility of its shares for investors.
The most recent analyst rating on (HK:2570) stock is a Hold with a HK$82.00 price target. To see the full list of analyst forecasts on Shanghai REFIRE Group Ltd. Class H stock, see the HK:2570 Stock Forecast page.
More about Shanghai REFIRE Group Ltd. Class H
Shanghai REFIRE Group Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily engaged in the industry of securities and financial services, with a focus on the listing and trading of shares on the Stock Exchange of Hong Kong.
Average Trading Volume: 617,976
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$8.76B
Learn more about 2570 stock on TipRanks’ Stock Analysis page.