Three Squirrels Terminates H-Share Issuance and Hong Kong Stock Exchange Listing

央广财经··CNHK·Read original
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Summary · why it matters

Three Squirrels announced on August 28 that it has terminated its plan to issue H shares and list on the main board of the Hong Kong Stock Exchange. The company's board of directors has reviewed and approved the relevant proposal, deciding not to proceed with the H-share issuance and listing based on a comprehensive consideration of the market environment and the company's own development plans.

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Three Squirrels
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Termination of H-share issuance and HKEX listing plan may disappoint investors expecting capital raise and international exposure.