Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
China Carbon Neutral Development Group Limited ( (HK:1372) ) has shared an update.
China Carbon Neutral Development Group Limited has announced an extraordinary general meeting to approve two subscription agreements with Green Securities Group Limited and Green Assets Management Limited. These agreements involve issuing convertible bonds worth over HK$57 million, allowing for the potential issuance of over 205 million ordinary shares at a conversion price of HK$0.28 per share. This move is expected to enhance the company’s financial flexibility and support its strategic initiatives in the carbon neutrality sector.
More about China Carbon Neutral Development Group Limited
China Carbon Neutral Development Group Limited is a company incorporated in the Cayman Islands, focusing on carbon neutrality initiatives and related financial services.
Average Trading Volume: 7,950,560
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.07B
For an in-depth examination of 1372 stock, go to TipRanks’ Overview page.