Apr 18, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.21 to $2.10.
The split itself did not change the total investment value.
China Energy Storage Technology Development Limited (HKEX:1143) operates in the Electronics/Appliances industry.
China Energy Storage Technology Development Limited company overviewChina Energy Storage Technology Development Limited's most recent stock split was on April 18, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
China Energy Storage Technology Development Limited (HKEX:1143) has split its stock 5 times: a 10-for-1 split on April 1, 2016, a 10-for-1 split on April 18, 2016, a 1-for-20 reverse split on June 12, 2020, a 81-for-79 split on October 21, 2021, and a 1-for-10 reverse split on April 18, 2023.
China Energy Storage Technology Development Limited has split its stock 5 times. This history records 5 splits between April 1, 2016 and April 18, 2023.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In China Energy Storage Technology Development Limited's 1-for-10 reverse split on April 18, 2023, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
China Energy Storage Technology Development Limited has not announced a new split in our records. Its most recent split was on April 18, 2023, 3 years ago. Companies announce splits in advance, and any new HKEX:1143 split will appear on this page.
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