TYK Medicines Gets CSRC Nod for Hong Kong Share Full Circulation

MT Newswires Live

01/26

TYK Medicines (HKG:2410) said the China Securities Regulatory Commission has issued a filing notice approving its Hong Kong-listed shares' full circulation application, according to a Jan. 23 Hong Kong bourse filing.

Shares of the company were down nearly 2% in late-morning trade on Monday.

The approval covers the conversion of 4.6 million domestic shares held by one shareholder into 4.6 million Hong Kong-listed shares.

Subject to listing approval from the Hong Kong Stock Exchange, the converted shares will be listed and traded on the main board.

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