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China Hanking Holdings Ltd. ( (HK:3788) ) just unveiled an announcement.
China Hanking Holdings Ltd. announced a Subscription Agreement with Zijin Global Fund and Gold Mountains to issue 75 million new shares at HK$3.13 each, raising approximately HK$231.45 million net. This strategic move, involving a 3.69% increase in issued share capital, aims to strengthen the company’s financial position and enhance its market presence.
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, operating in the mining industry. It focuses on the exploration, mining, and processing of mineral resources.
Average Trading Volume: 4,980,518
Technical Sentiment Signal: Buy
Current Market Cap: HK$7.11B
Find detailed analytics on 3788 stock on TipRanks’ Stock Analysis page.