China Fortune Holdings Limited (HK:0110) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
China Fortune Holdings Limited has provided additional details regarding the allocation and utilization of proceeds from their recent share subscription, which concluded on July 4, 2023. The company raised approximately HK$7.2 million, of which HK$3.259 million was used for general working capital by the year’s end, with the remaining expected to be utilized before the end of 2024. This supplementary announcement does not alter the information previously reported in the 2023 Annual Report.
For further insights into HK:0110 stock, check out TipRanks’ Stock Analysis page.