Huitongda Network Co. Ltd. Submits Application for Full Circulation of H Shares, Awaits Regulatory Approval
Reuters
Jun 23
Huitongda Network Co. Ltd. Submits Application for Full Circulation of H Shares, Awaits Regulatory Approval
Huitongda Network Co. Ltd., a joint stock company incorporated in China, has announced that it has submitted an application to the China Securities Regulatory Commission (CSRC) for the full circulation of its H shares. This move involves converting 349,749,813 of its domestic shares into H shares, which are listed on the Hong Kong Stock Exchange. The process is subject to completion and obtaining necessary approvals from the CSRC, the Hong Kong Stock Exchange, and other relevant domestic and overseas regulatory authorities. Shareholders and potential investors are advised to exercise caution while dealing with the company's shares during this period. No mention of grant or funding being obtained by multiple organizations was made in the announcement.
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