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China Automotive Interior Decoration Holdings Limited ( (HK:0048) ) just unveiled an announcement.
China Automotive Interior Decoration Holdings Limited announced the results of its Rights Issue, revealing that only 43.7% of the offered Rights Shares were subscribed, leaving 56.3% unsubscribed. The company has arranged for the unsubscribed shares to be placed with independent third parties, with any net gain from the placement to be distributed to shareholders who did not take action, though there is no guarantee of such gain.
The most recent analyst rating on (HK:0048) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on China Automotive Interior Decoration Holdings Limited stock, see the HK:0048 Stock Forecast page.
More about China Automotive Interior Decoration Holdings Limited
China Automotive Interior Decoration Holdings Limited is a company incorporated in the Cayman Islands, operating within the automotive industry. The company focuses on producing and supplying automotive interior decorations, catering to the needs of vehicle manufacturers and aftermarket consumers.
Average Trading Volume: 385,405
Technical Sentiment Signal: Sell
Current Market Cap: HK$62.17M
For a thorough assessment of 0048 stock, go to TipRanks’ Stock Analysis page.