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An update from Air China ( (HK:0753) ) is now available.
Air China Limited has announced an extraordinary general meeting to discuss and approve several resolutions related to the issuance of A Shares to specific investors in 2025. This move is part of the company’s strategic financial planning, aiming to raise capital and enhance its market position. The resolutions cover various aspects of the share issuance, including pricing, subscription methods, and the use of proceeds, indicating a comprehensive approach to securing investment and ensuring future growth. The meeting will also address the potential impact on current shareholders and outline future dividend plans, highlighting the company’s commitment to transparency and stakeholder engagement.
The most recent analyst rating on (HK:0753) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
More about Air China
Air China Limited is a major airline company based in the People’s Republic of China. It operates in the aviation industry, providing passenger and cargo air transportation services. The company focuses on both domestic and international markets, positioning itself as a key player in the global airline sector.
Average Trading Volume: 25,745,813
Technical Sentiment Signal: Buy
Current Market Cap: HK$143.8B
See more insights into 0753 stock on TipRanks’ Stock Analysis page.