Liaoning Port Keeps Below Minimum Public Float as HKEX Allows Transitional Fix
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Liaoning Port Company Limited (HK:2880) has reported that its public float for H shares is approximately HK$782 million, or 3.67% of the issued shares, falling below Hong Kong's minimum requirement. The company has received consent for transitional arrangements from the Stock Exchange while it seeks to restore compliance. Management is exploring options to increase the public float, including discussions with major shareholders and legal advisors. Monthly updates will be provided until compliance is achieved, and investors are advised to exercise caution due to increased regulatory and liquidity risks.
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