Zhongmiao Applies to Convert Domestic Shares Into H Shares; Shares Slump 14%

MT Newswires Live02-10

Zhongmiao Holdings (Qingdao) (HKG:1471) said it applied to convert around 105.9 million domestic unlisted shares into H shares, according to a Hong Kong bourse filing Monday.

Shares of the insurance provider fell over 14% in morning trade Tuesday.

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