China Hongqiao Confirms Completion Date for Hontron Share Issuance and Shenzhen Listing
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China Hongqiao Group Ltd. has confirmed that 11,894,744,449 new shares issued by Hontron Holding will be listed on the Shenzhen Stock Exchange on January 13, 2026. This marks the completion of a share issuance transaction aimed at acquiring shares in Hongtuo Industrial, finalizing a significant restructuring step. The company, primarily engaged in aluminium production, is listed on the Hong Kong Stock Exchange. Analysts currently rate the stock as a Buy with a price target of HK$37.40.
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