Fanhua (FANH) said Friday it would be changing the ticker symbol for its American depository shares trading on the Nasdaq Global Select market to "AIFU," effective Oct. 23.
The new ticker reflects the company's upcoming name change to AIX on Nov. 1, pending shareholder approval at an extraordinary general meeting slated for Oct. 31, Fanhua said.
Fanhua shares were up more than 3% in recent trading.
Price: 1.54, Change: +0.05, Percent Change: +3.36