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Air China ( (HK:0753) ) just unveiled an announcement.
Air China Limited has announced a connected transaction involving the proposed issuance of A Shares to specific investors, namely CNAHC and CNAC Holding, with the aim of raising up to RMB20 billion. This move is part of a strategic effort to strengthen the company’s financial position and support its growth initiatives. The issuance is subject to approval at an extraordinary general meeting scheduled for December 16, 2025, and is expected to have implications for the company’s market positioning and shareholder value.
More about Air China
Air China Limited is a joint stock limited company incorporated in the People’s Republic of China, primarily engaged in providing air passenger, air cargo, and related services. The company’s H Shares are listed on the Hong Kong Stock Exchange and its A Shares are listed on the Shanghai Stock Exchange.
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