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Tianjin Construction Development Gains Approval for Full Share Circulation

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Tianjin Construction Development Group Co., Ltd. Class H ( (HK:2515) ) has shared an announcement.

Tianjin Construction Development Group Co., Ltd. has received approval from the Hong Kong Stock Exchange for the full circulation of its shares, allowing 161,844,749 unlisted shares to be converted into H shares. This conversion represents approximately 75% of the company’s total issued shares, potentially enhancing liquidity and market presence, with significant stakes held by key shareholders such as Shengyuan Group Holdings and Zhiweilai Enterprise Management.

More about Tianjin Construction Development Group Co., Ltd. Class H

Tianjin Construction Development Group Co., Ltd. operates in the construction industry, focusing on development projects within China. The company is involved in various construction and infrastructure projects, contributing to urban development and expansion.

YTD Price Performance: 43.28%

Average Trading Volume: 170,436

Technical Sentiment Signal: Buy

Learn more about 2515 stock on TipRanks’ Stock Analysis page.

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