Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
C&D International Investment Group Ltd. ( (HK:1908) ) has provided an update.
C&D International Investment Group Ltd. has announced a placing and top-up subscription agreement involving 64.6 million shares, representing approximately 2.97% of its issued share capital. The transaction, priced at HK$15.80 per share, is expected to generate net proceeds of approximately HK$1,010.5 million, which will be used primarily for loan repayment and general working capital. This strategic move aims to strengthen the company’s financial position and enhance its market operations.
The most recent analyst rating on (HK:1908) stock is a Buy with a HK$19.70 price target. To see the full list of analyst forecasts on C&D International Investment Group Ltd. stock, see the HK:1908 Stock Forecast page.
More about C&D International Investment Group Ltd.
C&D International Investment Group Ltd. is a company incorporated in the Cayman Islands, operating in the investment sector. The company is involved in the placement and subscription of shares, focusing on financial growth and capital management.
Average Trading Volume: 3,650,232
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$35.72B
Learn more about 1908 stock on TipRanks’ Stock Analysis page.