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Zhejiang Taimei Medical Technology Co Ltd Class H ( (HK:2576) ) just unveiled an announcement.
Zhejiang Taimei Medical Technology Co., Ltd. has announced its proposal to implement full circulation of its H shares. The company has submitted a filing to the China Securities Regulatory Commission for the conversion of over 363 million domestic shares into H shares, which will be listed on the Hong Kong Stock Exchange. This move is part of a broader regulatory framework allowing domestic companies to list overseas, potentially enhancing the company’s market presence and liquidity.
The most recent analyst rating on (HK:2576) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Zhejiang Taimei Medical Technology Co Ltd Class H stock, see the HK:2576 Stock Forecast page.
More about Zhejiang Taimei Medical Technology Co Ltd Class H
Zhejiang Taimei Medical Technology Co., Ltd. is a joint stock company incorporated in China, focusing on the medical technology industry. It is listed on the Hong Kong Stock Exchange and is involved in the development and implementation of medical technology solutions.
Average Trading Volume: 94,139
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.59B
See more insights into 2576 stock on TipRanks’ Stock Analysis page.