Shenzhen Dobot Moves Ahead With H-Share Circulation Plan; Shares Gain 1%
MT Newswires Live
Aug 05
Shenzhen Dobot (HKG:2432) said its board has approved a proposed H-share full circulation plan to convert domestic shares into H-shares, according to a Monday Hong Kong bourse filing.
Shares of the company were up about 1% in Tuesday afternoon trade.
The proposal covers 19.7 million domestic shares, representing about 4.7% of the company's total issued share capital.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.