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Beijing Urban Construction Design’s Public Float Remains at 23.70%, Below 25% Listing Requirement
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Beijing Urban Construction Design’s Public Float Remains at 23.70%, Below 25% Listing Requirement
  • Beijing Urban Construction Design & Development Group's public float remained at 23.7% on October 30, 2026, below Hong Kong's 25% listing requirement.
  • Conversion of 68,816,000 domestic unlisted shares into H Shares would raise public float to 28.8%, restoring compliance with Rule 8.08.
  • The conversion requires China Securities Regulatory Commission filing clearance and Hong Kong Stock Exchange approval.
  • A filing application was submitted September 11, 2026; completion is expected within 12 months of submission.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Urban Construction Design & Development Group Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12389329), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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