Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Harmony Auto Holding Limited ( (HK:3836) ) just unveiled an update.
China Harmony Auto Holding Limited announced that one of its subsidiaries may undertake potential equity financing to diversify the shareholder structure and secure funding for its expansion efforts. While the size and specifics of the financing are yet to be determined, it reflects the company’s strategic effort to strengthen its market positioning and expand operations, though there is no guarantee the financing will materialize.
The most recent analyst rating on (HK:3836) stock is a Hold with a HK$0.91 price target. To see the full list of analyst forecasts on China Harmony Auto Holding Limited stock, see the HK:3836 Stock Forecast page.
More about China Harmony Auto Holding Limited
China Harmony Auto Holding Limited, incorporated in the Cayman Islands, operates in the automotive industry and focuses on providing sales and services of high-end luxury cars, along with related automobile services. The company is listed on the Stock Exchange of Hong Kong Limited with a substantial market focus on expanding its operations and shareholder base.
Average Trading Volume: 1,952,640
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.52B
For detailed information about 3836 stock, go to TipRanks’ Stock Analysis page.