tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Dongxiang Announces RMB Fund Subscription

Story Highlights
China Dongxiang Announces RMB Fund Subscription

Elevate Your Investing Strategy:

An update from China Dongxiang (Group) Co ( (HK:3818) ) is now available.

China Dongxiang has announced a subscription of Class B Units in a RMB Fund, amounting to RMB300 million. This transaction, classified as discloseable under Hong Kong’s Listing Rules, is significant as it exceeds certain percentage thresholds, impacting the company’s financial strategy and potentially influencing its market positioning.

More about China Dongxiang (Group) Co

China Dongxiang (Group) Co., Ltd. is a company incorporated in the Cayman Islands, primarily involved in the sportswear industry. It operates with a focus on the Chinese market and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: 17.14%

Average Trading Volume: 8,567,266

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.4B

For detailed information about 3818 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1