tiprankstipranks
Trending News
More News >

China In-Tech Limited Completes New Share Issuance

Story Highlights
China In-Tech Limited Completes New Share Issuance

Don’t Miss TipRanks’ Half-Year Sale

China Overseas Nuoxin International Holdings Limited ( (HK:0464) ) has shared an announcement.

China In-Tech Limited has successfully completed the issuance of 46,000,000 new shares under a general mandate, raising approximately HK$10.0 million in net proceeds. This issuance, which represents about 7.20% of the company’s enlarged share capital, is expected to support the company’s strategic initiatives and enhance its market position, although none of the new subscribers are considered substantial shareholders.

More about China Overseas Nuoxin International Holdings Limited

China In-Tech Limited is a company incorporated in the Cayman Islands, operating in the technology sector. The company is listed on the Stock Exchange of Hong Kong and focuses on providing innovative technology solutions.

YTD Price Performance: 93.75%

Average Trading Volume: 3,720,006

Technical Sentiment Signal: Sell

Current Market Cap: HK$183.9M

For a thorough assessment of 0464 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1