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China Hanking Holdings Ltd. ( (HK:3788) ) has provided an update.
China Hanking Holdings Ltd. announced the successful completion of a new share issuance under its general mandate, with 75,000,000 shares allotted at HK$3.13 each. The shares, representing 3.69% of the company’s enlarged share capital, were issued to Zijin Global Fund and Gold Mountains, both independent third parties, without resulting in any new substantial shareholders.
The most recent analyst rating on (HK:3788) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on China Hanking Holdings Ltd. stock, see the HK:3788 Stock Forecast page.
More about China Hanking Holdings Ltd.
China Hanking Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, primarily engaged in the mining industry. The company focuses on the exploration and production of mineral resources, particularly iron ore, gold, and nickel, with a market presence in various international regions.
Average Trading Volume: 5,586,421
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.13B
Find detailed analytics on 3788 stock on TipRanks’ Stock Analysis page.