tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Resources Mixc Lifestyle Services Announces Share Placement by Controlling Shareholder

Story Highlights
China Resources Mixc Lifestyle Services Announces Share Placement by Controlling Shareholder

TipRanks Black Friday Sale

China Resources Mixc Lifestyle Services Ltd. ( (HK:1209) ) has shared an announcement.

China Resources Mixc Lifestyle Services Ltd. announced that its controlling shareholder, China Resources Land Limited, has entered into an agreement to place 49,500,000 existing shares, representing approximately 2.17% of the company’s total issued shares. This move will reduce the controlling shareholder’s stake from 72.29% to 70.12%. The company does not anticipate any adverse effects on its operations due to this share placement, and stakeholders are advised to exercise caution in their dealings.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$46.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

More about China Resources Mixc Lifestyle Services Ltd.

China Resources Mixc Lifestyle Services Ltd. operates in the lifestyle services industry, primarily focusing on providing property management and related services. The company is a significant player in the market, with a strong emphasis on enhancing community living experiences through its comprehensive service offerings.

Average Trading Volume: 3,573,932

Technical Sentiment Signal: Buy

Current Market Cap: HK$95.32B

See more insights into 1209 stock on 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