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Shanghai Henlius Biotech Announces H Share Full Circulation Plan

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Shanghai Henlius Biotech Announces H Share Full Circulation Plan

An update from Shanghai Henlius Biotech, Inc. Class H ( (HK:2696) ) is now available.

Shanghai Henlius Biotech, Inc. has announced its intention to implement the H Share Full Circulation, allowing domestic unlisted shares to be converted into H shares and traded on the Hong Kong Stock Exchange. This move, pending regulatory approvals, aims to enhance the liquidity and marketability of the company’s shares, potentially impacting its market positioning and offering new opportunities for shareholders and investors.

More about Shanghai Henlius Biotech, Inc. Class H

Shanghai Henlius Biotech, Inc. is a biotechnology company based in China, primarily focused on the development and commercialization of biologic drugs. The company operates within the pharmaceutical industry, with a market focus on innovative therapies for various diseases.

YTD Price Performance: 28.69%

Average Trading Volume: 1,441,157

Technical Sentiment Signal: Sell

Current Market Cap: HK$16.58B

Learn more about 2696 stock on TipRanks’ Stock Analysis page.

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