合股是拆股的相反过程，当股票价格较低时，为了提升公司形象，上市公司会将已发行的股票按比例进行合并，即由多股合并为1股。合股后，股价按照相应比例提高，股东权益不变，公司的总市值也不变，但是持仓数量会发生变化。December 14th (Beijing Time) - $HUA YIN INTL H (00989.HK)$ is about to implement a 1-for-20 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 17th, 2025.
$HUA YIN INTL H (00989.HK)$ closed at HK$0.019 on December 13th . $HUA YIN INTL H (00989.HK)$ now has a total market capitalization of HK$136.86 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.
