tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sunshine Insurance Plans H Share Full Circulation

Story Highlights
  • Sunshine Insurance plans to convert 30.60% of its domestic shares into H shares.
  • The conversion aims to list these shares on the Hong Kong Stock Exchange, pending approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunshine Insurance Plans H Share Full Circulation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Sunshine Insurance Group Co. Ltd. ( (HK:6963) ).

Sunshine Insurance Group Co. Ltd. has announced its plan to apply for the full circulation of its H shares, converting up to approximately 30.60% of its domestic unlisted shares into H shares. This move, pending regulatory approvals, aims to enhance the company’s market presence by listing these shares on the Hong Kong Stock Exchange, potentially impacting its operations and shareholder value.

More about Sunshine Insurance Group Co. Ltd.

Sunshine Insurance Group Co. Ltd. is a joint stock company incorporated in China, operating in the insurance industry. The company provides a range of insurance products and services, focusing on the Chinese market.

Average Trading Volume: 22,019,480

Technical Sentiment Signal: Buy

Current Market Cap: HK$53.94B

Find detailed analytics on 6963 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1