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An update from China Financial Leasing Group Ltd ( (HK:2312) ) is now available.
China Financial Leasing Group Ltd has announced a subscription agreement to issue 69,379,496 new shares at a price of HK$1.25 per share, representing approximately 20% of the current shares in issue. The transaction, which aims to raise approximately HK$86.47 million in net proceeds, is intended to enhance the company’s financial position, although it is subject to certain conditions and may not proceed.
The most recent analyst rating on (HK:2312) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Financial Leasing Group Ltd stock, see the HK:2312 Stock Forecast page.
More about China Financial Leasing Group Ltd
Average Trading Volume: 10,250,196
Technical Sentiment Signal: Buy
Current Market Cap: HK$444M
See more data about 2312 stock on TipRanks’ Stock Analysis page.