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龙升集团控股将于2024年11月14日除权除息,10股合为1股

DRAGON RISE GP To Carry Out 1-for-10 Reverse Stock Split On November 14th, 2024

Futu News ·  Oct 7 17:10

October 7th (Beijing Time) - $DRAGON RISE GP (06829.HK)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from November 14th, 2024.

$DRAGON RISE GP (06829.HK)$ slipped 8.0% and closed at HK$0.046 on October 4th with a turnover of HK$272.74K. $DRAGON RISE GP (06829.HK)$ now has a total market capitalization of HK$66.24 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

The translation is provided by third-party software.


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