The Hong Kong and China Gas Shares float
What is the Shares float of The Hong Kong and China Gas?
The Shares float of The Hong Kong and China Gas Company Limited is 10.850B 58.14%
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 Utilities sector on HKSE compared to The Hong Kong and China Gas
What does The Hong Kong and China Gas do?
The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas in Hong Kong and Mainland China. It is involved in the provision of liquefied natural gas, methanol, and coal and other chemicals; conversion and utilization of biomass; agricultural waste; and operation of natural gas refilling stations, piped city-gas projects, upstream and midstream developments, photovoltaic projects, water and wastewater treatment projects, energy exploration and utilization ventures, and aviation fuel facilities. The company supplies town gas to approximately 1.9 million customers. It also provides network connectivity, and data center and cloud computing services; and engages in the software development, solution implementation, and systems integration activities. In addition, the company offers consultancy and engineering contractor services, including utilities installation, infrastructure construction, and civil and building services engineering for public and private projects; and designs and manufactures gas meters and metering systems. Further, it is involved in water supply, and domestic sewage and industrial wastewater treatment serving 2.4 million customers. Additionally, the company manufactures polyethylene piping and fittings; and engages in the customers center, café, restaurant, retail sale, laundry, automatic meter reading system development, laboratory testing, payment gateway and related, project management, landfill gas project, financing, logistics, oil, research and development, property development, and securities investment activities. The Hong Kong and China Gas Company Limited was founded in 1862 and is headquartered in North Point, Hong Kong.
Companies with shares float similar to The Hong Kong and China Gas
- EVIO has Shares float of 10.116B 376.21%
- REXLot has Shares float of 10.134B 67.37%
- China Molybdenum Co has Shares float of 10.217B 259.75%
- China Molybdenum Co has Shares float of 10.217B 259.75%
- Glencore Plc has Shares float of 10.792B 83.93%
- Glencore Plc has Shares float of 10.796B 81.83%
- The Hong Kong and China Gas has Shares float of 10.850B 58.14%
- Alibaba Pictures has Shares float of 11.080B 41.29%
- The People's Insurance () of China has Shares float of 11.122B 127.46%
- The People's Insurance () of China has Shares float of 11.122B 31.33%
- Baron Oil Plc has Shares float of 11.160B 96.34%
- CITIC Securities has Shares float of 11.227B 428.49%
- DeTai New has Shares float of 11.291B 71.94%