Huishang Bank Corporation Limited (3698) announced that its board of directors resolved on February 6, 2026, to rely on the Alternative Threshold instead of the Initial Prescribed Threshold for minimum public float under the Listing Rules. According to the announcement, the board believes this approach aligns better with the Bank’s actual situation and serves the interests of the Bank and its shareholders.
Under the Listing Rules, at least 10% of the total issued shares must be publicly held, with a minimum market value of HK$1 billion. As of February 5, 2026, the Bank’s publicly held H shares amount to approximately HK$7.681 billion, representing around 16.08% of total issued shares. Both figures exceed the minimum requirements of the Alternative Threshold.