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Laopu Gold Secures Approval for H Share Listing Conversion

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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

Find detailed analytics on 6181 stock on TipRanks’ Stock Analysis page.

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