Mokingran Jewellery Moves Toward Full H-Share Circulation After CSRC Filing Approval
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Mokingran Jewellery Group Co., Ltd. has received approval from the China Securities Regulatory Commission for the full circulation of 40 million previously unlisted domestic shares, which will be converted into H shares. This represents about 14.65% of its issued share capital. The company will now seek approval from the Hong Kong Stock Exchange for listing and trading these shares, aiming to enhance liquidity and market accessibility for investors. The filing is valid for 12 months, but completion is subject to further regulatory procedures.
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