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Beijing Fourth Paradigm Technology Announces Major H Share Issuance

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Beijing Fourth Paradigm Technology Announces Major H Share Issuance

Elevate Your Investing Strategy:

Beijing Fourth Paradigm Technology Co. Ltd. Class H ( (HK:6682) ) has shared an update.

Beijing Fourth Paradigm Technology Co., Ltd. has entered into a Subscription Agreement to issue 25,900,000 H Shares at HK$50.50 each, raising approximately HK$1,307.95 million. This strategic move represents a significant share issuance, impacting around 8.78% of issued H Shares and 5.25% of total issued Shares, aimed at strengthening the company’s financial position and market presence.

More about Beijing Fourth Paradigm Technology Co. Ltd. Class H

Beijing Fourth Paradigm Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the technology sector. The company focuses on providing innovative technology solutions and services, with a market focus on expanding its influence through strategic share issuances.

Average Trading Volume: 5,244,190

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$25.02B

See more data about 6682 stock on TipRanks’ Stock Analysis page.

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