Fangdd Network Group Ltd. Announces Substitution Listing Effective Date
Ticker: DUO · Form: 6-K · Filed: Sep 18, 2024 · CIK: 1750593
Sentiment: neutral
Topics: listing, international-expansion, regulatory-filing
Related Tickers: DUO
TL;DR
DUO's HKEX substitution listing is effective Sept 18 - big move for global reach!
AI Summary
Fangdd Network Group Ltd. (NASDAQ: DUO) announced on September 18, 2024, the effective date for its substitution listing plan. This plan involves the company's ordinary shares being listed on the Main Board of The Stock Exchange of Hong Kong Limited.
Why It Matters
This move signifies a significant step for Fangdd in expanding its global presence and potentially increasing liquidity and investor access to its shares.
Risk Assessment
Risk Level: medium — Substitution listings can introduce new regulatory complexities and market dynamics that may affect share price and liquidity.
Key Players & Entities
- Fangdd Network Group Ltd. (company) — Registrant
- NASDAQ: DUO (company) — Stock Ticker
- September 18, 2024 (date) — Effective Date
- The Stock Exchange of Hong Kong Limited (company) — Listing Venue
FAQ
What is the primary purpose of this 6-K filing?
This 6-K filing reports on the effective date of Fangdd Network Group Ltd.'s substitution listing plan.
What is the effective date of the substitution listing plan?
The effective date of the substitution listing plan is September 18, 2024.
Where will Fangdd Network Group Ltd.'s shares be listed as part of this plan?
The company's ordinary shares will be listed on the Main Board of The Stock Exchange of Hong Kong Limited.
What is Fangdd Network Group Ltd.'s stock ticker symbol?
Fangdd Network Group Ltd.'s stock ticker symbol is DUO.
What type of filing is this report?
This report is a Form 6-K, which is a Report of Foreign Private Issuer.
Filing Stats: 178 words · 1 min read · ~1 pages · Grade level 10.7 · Accepted 2024-09-18 08:59:24
Filing Documents
- ea0214951-6k_fangdd.htm (6-K) — 9KB
- ea021495101ex99-1_fangdd.htm (EX-99.1) — 7KB
- 0001213900-24-079626.txt ( ) — 17KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission file number: 001-39109 Fangdd Network Group Ltd. Room 1501, Shangmei Technology Building No. 15 Dachong Road Nanshan District, Shenzhen, 518072 People’s Republic of China Phone: +86 755 2699 8968 (Address and Telephone Number of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F EXHIBIT INDEX Exhibit No. Description 99.1 Press Release — Fangdd Announces Effective Date for Its Substitution Listing Plan 1 Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Fangdd Network Group Ltd. By: /s/ Xi Zeng Name: Xi Zeng Title: Chief Executive Officer and Chairman of the Board of Directors Date: September 18, 2024 2