An update from Laopu Gold Co. Ltd. Class H ( (HK:6181) ) is now available.
Laopu Gold Co., Ltd. has received approval from the Hong Kong Stock Exchange for the listing of 40,388,900 H shares, which are being converted from unlisted shares held by three shareholders. This conversion represents approximately 23.99% of the company’s total issued shares, significantly altering its shareholding structure by increasing the percentage of H shares to 80.28%. This move is expected to enhance the liquidity and marketability of the company’s shares, potentially impacting its market position and stakeholder interests.
More about Laopu Gold Co. Ltd. Class H
Laopu Gold Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the gold industry. The company focuses on the production and circulation of gold shares, with a market focus on the Hong Kong Stock Exchange.
YTD Price Performance: 202.24%
Average Trading Volume: 880,496
Technical Sentiment Signal: Strong Sell
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