---
title: "Wenzhou Kangning Hospital Flags Temporary Shortfall in Public Float, Expects Compliance by March 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274911875.md"
description: "Wenzhou Kangning Hospital Co. has reported a public float of 24.11%, below the 25% requirement for Hong Kong listings. This shortfall is due to share repurchases and delays in regulatory approvals for converting domestic shares to H shares. The company anticipates compliance by March 2026, raising the public float to approximately 37.3%. Despite this temporary deficiency, Wenzhou Kangning's business operations remain unaffected. The hospital focuses on psychiatric and mental health services in China, addressing the growing demand in the healthcare market."
datetime: "2026-02-05T04:08:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274911875.md)
  - [en](https://longbridge.com/en/news/274911875.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274911875.md)
---

# Wenzhou Kangning Hospital Flags Temporary Shortfall in Public Float, Expects Compliance by March 2026

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An announcement from Wenzhou Kangning Hospital Co ( (HK:2120) ) is now available.

Wenzhou Kangning Hospital has disclosed that its public float currently stands at about 24.11%, slightly below the Hong Kong listing requirement that at least 25% of issued shares be held by the public. The shortfall stems from the company’s repurchase of H shares and delays in regulatory approval by the China Securities Regulatory Commission for converting 9,286,359 domestic shares into H shares, which has postponed its plan to increase the proportion of publicly held H shares. The company expects the full circulation of these shares to be completed by March 2026, which would lift the public float to roughly 37.3% of total issued shares and bring it back into compliance with listing rules, while it emphasizes that its business operations remain normal and unaffected by the temporary float deficiency.

**More about Wenzhou Kangning Hospital Co**

Wenzhou Kangning Hospital Co., Ltd. is a Hong Kong-listed healthcare group focused on psychiatric and mental health services in China, operating specialized hospitals and related medical facilities. The company targets the growing demand for mental health treatment and rehabilitation services within the mainland Chinese healthcare market.

**Average Trading Volume:** 16,598

**Current Market Cap:** HK$706M

For an in-depth examination of 2120 stock, go to TipRanks’ Overview page.

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