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Beijing Digital Telecom Co. Ltd. Class H ( (HK:6188) ) has provided an announcement.
Beijing Digital Telecom Co., Ltd. announced the full utilization of net proceeds amounting to approximately HK$260.75 million from the subscription of H shares, which were allocated for general working capital, including the repayment of bank loans. This strategic financial maneuver, completed by the end of 2024, underscores the company’s commitment to strengthening its operational foundation and maintaining financial stability.
The most recent analyst rating on (HK:6188) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Beijing Digital Telecom Co. Ltd. Class H stock, see the HK:6188 Stock Forecast page.
More about Beijing Digital Telecom Co. Ltd. Class H
Beijing Digital Telecom Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on telecommunications. The company is involved in the issuance of H shares and operates in the telecom industry, providing services and products related to digital communications.
Average Trading Volume: 2,149,026
Technical Sentiment Signal: Sell
Current Market Cap: HK$851M
See more insights into 6188 stock on TipRanks’ Stock Analysis page.