"A-Share Focus" VCG fell over 2%, planning to issue H shares and list on the Hong Kong Stock Exchange
VCG (Shenzhen: 000681) announced that it is planning to issue H shares and list on the Hong Kong Stock Exchange to support its globalization strategy and overseas business development. The company's stock price fell by 2.11%, reporting at RMB 21.83. The specific timetable and plan have not yet been determined. VCG was established in 2000 and is a leading provider of visual image content and integrated marketing communication services in China
According to a report from Economic Information Daily on the 5th, VCG (Shenzhen: 000681) announced last night (the 4th) that the company is planning to issue H shares. The announcement indicates that VCG is planning to issue shares overseas (H shares) and list on the Hong Kong Stock Exchange to facilitate its global strategic layout, support overseas business development, enhance its overseas financing capabilities, and further improve its international brand image. VCG opened lower and continued to decline, currently down 2.11%, trading at RMB 21.83. As of now, VCG has not confirmed a specific timetable or detailed plan. Information shows that VCG was established in June 2000 and is a leading provider of visual image content and integrated marketing communication services in China. (jq)
