The Zhitong Finance App learned that on October 30, China Travel Hong Kong and Macau (01821) announced that it had applied to the Hong Kong Stock Exchange for approval to list shares on the main board by way of introduction. It is expected that trading of shares will begin on November 26, with 500 shares per lot. According to the distribution, eligible shareholders of China Travel Service of Hong Kong (00308) will be issued 1 share for every 4 shares of Hong Kong China Travel Co., Ltd. and will be paid in kind.

Since the distribution may generate fractional shares, the company has appointed Phillip Securities (Hong Kong) Limited to provide matching services to assist shareholders to secure a complete trading unit or sell fractional shares.

According to the Hong Kong Stock Exchange's disclosure on October 26, China Travel, Hong Kong and Macau passed the Hong Kong Stock Exchange's main board listing hearing, and China Galaxy International was its sole sponsor. China Travel Hong Kong and Macau is a travel service provider focused on the Greater Bay Area. The company operates a cross-border passenger transport platform covering sea and land networks in the Greater Bay Area. China Travel Hong Kong and Macau provides cross-border transportation services under two major cross-border passenger transport brands: “TurboJET” and “China Travel Bus”.

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