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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.