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China New Economy Fund Ltd. ( (HK:0080) ) has issued an announcement.
CAI Corp reported that all resolutions at its 8 May 2026 annual general meeting in Hong Kong were approved by shareholders via poll, with unanimous support for receiving the 2025 audited financial statements and reappointing Elite Partners CPA Limited as auditors. The AGM also confirmed the re-election of all serving directors and authorised the board to determine directors’ remuneration, reinforcing continuity in governance and oversight.
Shareholders granted the board a general mandate to issue new shares up to 20% of the existing share capital and to repurchase up to 10%, with an extension allowing the issuance limit to increase by the amount of shares repurchased. These approvals provide CAI Corp with added capital management flexibility, potentially enabling future fundraising or buybacks while signalling strong shareholder backing for the board’s strategic discretion.
More about China New Economy Fund Ltd.
CAI Corp, incorporated in the Cayman Islands and listed in Hong Kong, operates as an investment company whose shares trade under stock code 80. The firm is overseen by a board comprising executive, non-executive and independent non-executive directors, and engages external auditors to review its financial statements in line with Hong Kong market requirements.
Average Trading Volume: 5,758,575
Technical Sentiment Signal: Buy
Current Market Cap: HK$773.3M
For an in-depth examination of 0080 stock, go to TipRanks’ Overview page.