Can rise not ??
Hot Stock
Weiye Holdings seeks dual listing
October 20, 2015: 3:37 PM
Mainboard-listed Weiye Holdings (Valuation: 2.10, Fundamental: 1.30) says it is seeking to list its shares on the main board of the Stock Exchange of Hong Kong Limited.
The property developer says this will allow it to " have ready access to these different equity markets in Asia Pacific region when the opportunity arises" .
This move would also " increase market visibility of the company and also attract investors with different profiles, thus widening the investor base of the company and increasing the liquidity of its shares," Weiye adds.
The dual listing is also in line with Weiye' s focus on its business operations in the People' s Republic of China, it says.
Weiye has appointed CLC International as the sponsor for its listing in Hong Kong, though it says there is no certainty that the proposed listing will materialise.
At 3.35pm, the stock was up 7.7% at 4.2 cents, with some 15.7 million shares traded.
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ai lai liao....
another profittable counter n lagging behind....looking to hoot to add....
another profittable counter n lagging behind....looking to hoot to add....
