Haina Intelligent Equip Intl Shares float

What is the Shares float of Haina Intelligent Equip Intl?

The Shares float of Haina Intelligent Equip Intl is 214.790M 38.09%

What is the definition of Shares float?

Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.

= annual shares outstanding - closely held shares

Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded

The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.

Shares float of companies in the Industrials sector on HKSE compared to Haina Intelligent Equip Intl

What does Haina Intelligent Equip Intl do?

Haina Intelligent Equipment International Holdings Limited, an investment holding company, designs, produces, and sells automated machines for manufacturing disposable hygiene products in the People's Republic of China and internationally. It offers machines for baby diapers, adult diapers, lady sanitary napkins, and medical disposable face masks, as well as related components and parts under the Haina Machinery brand. The company was founded in 2011 and is headquartered in Jinjiang, the People's Republic of China. Haina Intelligent Equipment International Holdings Limited is a subsidiary of Prestige Name International Limited.

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