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China New Economy Fund Ltd. ( (HK:0080) ) has shared an update.
CAI Corp has announced a delay in sending to shareholders a circular related to its previously disclosed plans to acquire equity interests in two target companies through discloseable and connected transactions that will be settled partly via the issue of consideration shares under a specific mandate, alongside the proposed adoption of a 2025 share scheme. The circular, which will contain full details of the acquisition agreements, valuation reports, the new share scheme and independent advice to minority investors ahead of an extraordinary general meeting, will now be dispatched on or before 30 January 2026 to allow more time to finalize information, slightly extending the timetable for shareholder approval and execution of the deals and incentive plan.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.37 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
More about China New Economy Fund Ltd.
CAI Corp, formerly known as China New Economy Fund Limited, is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange (stock code: 80). The company operates as an investment holding vehicle, focusing on equity interests in target companies and using share-based incentive schemes to align management and shareholder interests.
Average Trading Volume: 9,612,763
Technical Sentiment Signal: Buy
Current Market Cap: HK$702.7M
For an in-depth examination of 0080 stock, go to TipRanks’ Overview page.