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China Huajun Extends Long Stop Date for New Share Subscription to May 2026

Story Highlights
  • China Huajun has extended the long stop date for completing its new share subscription.
  • The subscription terms remain unchanged, but more time is needed to satisfy conditions precedent.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Huajun Extends Long Stop Date for New Share Subscription to May 2026

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China Huajun Group Limited ( (HK:0377) ) just unveiled an announcement.

China Huajun Group Limited has announced a further extension of the long stop date for the completion of a subscription of new shares under its general mandate, reflecting delays in satisfying the conditions precedent under the subscription agreement. The parties have agreed to move the deadline from 31 December 2025 to 31 May 2026, while keeping all other terms and conditions of the subscription agreement and related supplemental agreement unchanged, indicating that the prospective equity fundraising remains on track but subject to additional time for procedural or regulatory fulfillment.

The most recent analyst rating on (HK:0377) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Huajun Group Limited stock, see the HK:0377 Stock Forecast page.

More about China Huajun Group Limited

China Huajun Group Limited is a Bermuda-incorporated company listed on the Main Board of the Hong Kong Stock Exchange under stock code 377. The announcement does not specify its industry or principal businesses, focusing instead on a capital markets transaction involving the issuance of new shares under a general mandate.

Average Trading Volume: 4,230

Technical Sentiment Signal: Buy

Current Market Cap: HK$74.47M

For an in-depth examination of 0377 stock, go to TipRanks’ Overview page.

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