Huize Holding (HUIZ) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Huize Holding Limited has announced a significant change in its American Depositary Shares (ADS) ratio, adjusting from 1 ADS to 20 Class A ordinary shares to 1 ADS to 100 shares. This change, effective December 9, 2024, will result in a one-for-five reverse split of ADSs for holders, while the company’s shares will continue to trade under the ticker symbol ‘HUIZ’ on Nasdaq. The adjustment will not affect the underlying Class A ordinary shares, as Citibank will manage the exchange process.
For further insights into HUIZ stock, check out TipRanks’ Stock Analysis page.
