Lufax Holding announced the proposed dual primary listing of its ordinary shares, par value 0.001c per share by way of introduction on the Main Board of The Stock Exchange of Hong Kong, or HKEX. The Company’s American depositary shares every two representing one Share, will continue to be primarily listed and traded on the New York Stock Exchange. The Listing Committee hearing in respect of the Company’s listing application to the HKEX was held on March 30 and the Company received a letter of in-principle approval to the listing application from the HKEX on April 6 for the dual primary listing of the Shares on the Main Board of the HKEX. The listing document relating to the proposed dual primary listing of the Shares by way of introduction on the Main Board of the HKEX has been published on the website of the HKEX on April 11. Subject to the final listing approval from the HKEX, the Shares are expected to commence trading on the Main Board of the HKEX on April 14 under the stock code "6623." The Shares will be traded in board lots of 100 Shares. Upon the dual primary listing on the Main Board of the HKEX, the Shares listed on the Main Board of the HKEX will be fully fungible with the ADSs listed on the NYSE.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on LU: