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Display of Adjusted Previous Closing Price of Hao Bai International (Cayman) Limited (stock code 8431) on OTP-C for its 10-into-1 Share Consolidation on 29 April 2025
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The Stock Exchange of Hong Kong Limited issued a circular regarding the share consolidation of Hao Bai International (Cayman) Limited, effective April 29, 2025, converting 10 existing shares of HK$0.1 each into 1 consolidated share of HK$1 each. Shareholders and market participants are advised to review the company’s circulars and regulatory announcements for complete details. An Adjusted Previous Closing Price will be displayed on the stock’s temporary page on April 29, calculated based on the last trading day before the consolidation using a standard adjustment formula, ensuring clarity around the new share value post-consolidation.
Resources: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/SEHK/2025/PMI2025056_e.pdf