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An announcement from China Baoli Technologies Holdings Ltd. ( (HK:0164) ) is now available.
China Baoli Technologies Holdings Ltd. announced the results of its rights issue, revealing a significant under-subscription with only 1.571% of the available rights shares subscribed. To address this, the company has commenced placing the unsubscribed shares through a Placing Agent, extending the placement period to June 6, 2025, to attract more investors. This move aims to mitigate the impact of the under-subscription and stabilize the company’s financial position.
More about China Baoli Technologies Holdings Ltd.
China Baoli Technologies Holdings Ltd. is a company incorporated in Bermuda, operating in the technology sector. It is listed on the Hong Kong Stock Exchange and focuses on providing technology solutions and services.
Average Trading Volume: 624,811
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$203.7M
Learn more about 0164 stock on TipRanks’ Stock Analysis page.