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Sun Hung Kai & Co. Limited ( (HK:0086) ) has provided an update.
Sun Hung Kai & Co. Limited has elected to switch from relying on the Initial Prescribed Threshold to the Alternative Threshold under the amended Listing Rules governing minimum public float requirements, which take effect on 1 January 2026. The board believes this move will provide greater flexibility for capital management activities such as share repurchases, while the company currently exceeds the Alternative Threshold with a public float market value of about HK$1.91 billion and a public float percentage of approximately 25.06%, and it will continue to monitor and disclose its public float levels in its monthly returns and annual reports.
The most recent analyst rating on (HK:0086) stock is a Buy with a HK$4.50 price target. To see the full list of analyst forecasts on Sun Hung Kai & Co. Limited stock, see the HK:0086 Stock Forecast page.
More about Sun Hung Kai & Co. Limited
Sun Hung Kai & Co. Limited is a Hong Kong-incorporated company listed on the Main Board of the Stock Exchange of Hong Kong under stock code 86. While this announcement does not detail its specific business lines, the company operates as a listed issuer in the Hong Kong capital market and is subject to the Exchange’s public float and listing regulatory framework.
Average Trading Volume: 446,709
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$7.73B
Find detailed analytics on 0086 stock on TipRanks’ Stock Analysis page.