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The latest announcement is out from Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ).
Shenzhen Pagoda Industrial (Group) Corporation Limited has announced its application to the China Securities Regulatory Commission (CSRC) for the conversion of 85,448,554 Unlisted Shares into H Shares, which represents approximately 5.5510% of the company’s total issued share capital. This move is part of the company’s proposed implementation of H Share Full Circulation, which aims to list and trade these shares on the Hong Kong Stock Exchange’s Main Board. The completion of this process is contingent upon obtaining necessary approvals from the CSRC, the Stock Exchange, and other regulatory authorities. The company will provide further updates as the process progresses.
More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H
Average Trading Volume: 3,976,839
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.44B
For detailed information about 2411 stock, go to TipRanks’ Stock Analysis page.