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C&D International Completes Share Placement and Subscription

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C&D International Completes Share Placement and Subscription

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C&D International Investment Group Ltd. ( (HK:1908) ) has shared an announcement.

C&D International Investment Group Ltd. has successfully completed the placing of existing shares and a top-up subscription of new shares, raising approximately HK$1,010.5 million. The proceeds will be used primarily for loan repayment and general working capital, impacting the company’s financial structure and enhancing its operational flexibility.

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, primarily involved in real estate investment and development. It operates under the larger umbrella of C&D Real Estate, which is connected to Xiamen C&D Inc., a state-owned group of companies with a focus on real estate and investment activities.

Average Trading Volume: 5,349,058

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$34.37B

See more data about 1908 stock on TipRanks’ Stock Analysis page.

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