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China Hanking Holdings Ltd. ( (HK:3788) ) has shared an announcement.
China Hanking Holdings Ltd. has received approval from the Australian Foreign Investment Review Board for its corporate restructuring plans related to the proposed spin-off and listing of Hanking Gold. This approval is crucial for the company’s efforts to establish a mid-tier gold producer in Australia, leveraging its long-term operations and first-mover advantage in the region. The spin-off and listing are still subject to further approvals and conditions, and investors are advised to exercise caution.
More about China Hanking Holdings Ltd.
China Hanking Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the mining industry with a focus on gold production. The company is developing the Cygnet Gold Project in Western Australia and the Mt Bundy Gold Project in the Northern Territory, Australia, positioning itself as a mid-tier gold producer.
Average Trading Volume: 5,319,305
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.25B
See more data about 3788 stock on TipRanks’ Stock Analysis page.