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The latest update is out from China Hanking Holdings Ltd. ( (HK:3788) ).
China Hanking Holdings Ltd. announced that its subsidiary, Hanking Gold Limited, has entered into subscription agreements to issue 436,550,000 new shares at HK$2.62 each. This move is part of a strategic plan involving a proposed spin-off and pre-IPO capital raising, which will result in a parallel listing structure for the company and Hanking Gold, potentially impacting its market positioning and shareholder value.
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 an investment holding company primarily involved in the mining industry, with a focus on gold production through its subsidiary Hanking Gold Limited.
Average Trading Volume: 5,477,289
Technical Sentiment Signal: Buy
Current Market Cap: HK$8.6B
See more insights into 3788 stock on TipRanks’ Stock Analysis page.