Here are the upcoming stock splits for the week of February 10 to February 14 in the Hong Kong market. For additional details on stock splits in the UK and US markets, visit TipRanks’ Stock Splits Calendar.
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A stock split is a financial move when a company issues more shares to its existing shareholders while reducing the price per share. Consequently, the total value of the investment remains the same for a shareholder. Similarly, the overall market capitalization of the company remains the same both before and after the split.
The primary purpose of a stock split is to enhance liquidity and make the stock more affordable for investors.
On the other hand, in a reverse stock split, a company reduces the total number of outstanding shares by consolidating them. Despite this reduction, the company’s market capitalization remains unchanged because the share price increases proportionally to balance the consolidation. It is also known as stock consolidation and is often used to boost the stock price, which can help meet listing requirements or improve the stock’s perception in the market.
Let’s take a quick look at the upcoming stock split in Hong Kong for this week.
Sam Woo Construction (HK:3822) – Sam Woo Construction Group Limited primarily operates as an investment holding company, specializing in foundation works and related services. On January 17, the company announced a one-for-20 reverse stock split. Under this proposal, every 20 existing shares with a par value of HK$0.0025 each will be consolidated into 1 consolidated share with a par value of HK$0.05. The shares are expected to trade on a split-adjusted basis on February 28.
Many Idea Cloud Holdings (HK:6696) – Many Idea Cloud Holdings offers digital marketing, PR event planning, media advertising, and SaaS solutions in China. In January, the company proposed a one-for-20 reverse stock split. The company intends to merge every 20 existing shares into a single consolidated share. Additionally, it plans to raise its authorized share capital from HK$1,000,000 to HK$2,000,000 and adjust the board lot size for stock trading. These measures are designed to enhance flexibility for future fundraising activities.
Moody Technology (HK:1400) – Moody Technology is primarily a holding company focused on designing, manufacturing, and selling fabrics. In December, the company announced a one-for-10 reverse stock split under its capital reorganization plan. However, shareholders did not approve the proposed resolution at the special general meeting on February 7, 2025.
To learn about historical and upcoming stock splits in different markets, visit the TipRanks Stock Splits Calendar.
