Delton Technology Shareholder Transfers HK$382 Million Holdings from HSBC to DBS Bank

Stock News
03/24

On March 23, a shareholder of Delton Technology (01989) moved shares from Hongkong and Shanghai Banking Corporation to DBS Bank, with the transferred holdings valued at HK$382 million, representing 8.65% of the company's equity. Delton Technology announced on March 20 that its H-shares would be included in the Hong Kong Stock Connect program, covering both Shanghai-Hong Kong and Shenzhen-Hong Kong links, starting March 20, 2026. Following the inclusion, eligible mainland Chinese investors will be able to directly invest in the company’s H-shares listed on the Hong Kong Stock Exchange through the Shanghai and Shenzhen stock exchanges. This move is expected to broaden the company's investor base and potentially enhance trading liquidity of its H-shares.

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