Shuangdeng Group Completes H-Share Circulation

MT Newswires Live05-28

Shuangdeng Group (HKG:6960) completed its planned H-share circulation in Hong Kong, according to a filing with the city's bourse Wednesday.

The battery maker's shares gained nearly 6% in late-morning trade Thursday.

The firm converted and listed about 191.8 million domestic shares, or 46% of its total issued capital, into H shares under the full circulation scheme.

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