Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Rare Earth Holdings ( (HK:0769) ) just unveiled an update.
China Rare Earth Holdings has announced a discloseable transaction involving the acquisition of tungsten bars. The transaction, valued at HK$150,000,000, will be settled through the issuance of 400,000,000 consideration shares under the general mandate. This acquisition represents approximately 16.7% of the company’s issued share capital and is subject to reporting and announcement requirements under the Listing Rules.
More about China Rare Earth Holdings
Average Trading Volume: 9,328,378
Technical Sentiment Signal: Hold
Current Market Cap: HK$908.4M
For an in-depth examination of 0769 stock, go to TipRanks’ Stock Analysis page.