Applying for full circulation of H shares is expected to further enhance the market vitality of China Communications Services Corporation Limited (09878).

According to the Securities Times APP, after announcing the "buyback plan" this month, Huatongda Networks (09878.HK), a top industry Internet company focusing on the sinking market in China, recently took further capital operation actions. On the evening of June 23, Huatongda announced that the company had submitted an application to the China Securities Regulatory Commission to convert approximately 91.48% of the domestic shares into H shares. It is expected that the percentage of total H shares after the conversion will increase from 32.04% to 94.21%.