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China Rongzhong Delays Circular Dispatch for Convertible Bond Issuance

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China Rongzhong Delays Circular Dispatch for Convertible Bond Issuance

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China Rongzhong Financial Holdings Company Limited ( (HK:3963) ) just unveiled an update.

China Rongzhong Financial Holdings Company Limited announced a delay in the dispatch of a circular related to a connected transaction involving the proposed issuance of a convertible bond under a specific mandate. The circular, initially expected to be sent to shareholders by September 23, 2025, will now be dispatched by October 14, 2025, due to additional time required for preparation. This delay may impact the company’s timeline for the transaction and could affect stakeholders’ expectations and planning.

The most recent analyst rating on (HK:3963) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Rongzhong Financial Holdings Company Limited stock, see the HK:3963 Stock Forecast page.

More about China Rongzhong Financial Holdings Company Limited

China Rongzhong Financial Holdings Company Limited is a company incorporated in the Cayman Islands, operating in the financial services industry. It is listed on the Stock Exchange of Hong Kong and engages in financial holdings and related activities.

Average Trading Volume: 1,107,237

Technical Sentiment Signal: Sell

Current Market Cap: HK$145.6M

For an in-depth examination of 3963 stock, go to TipRanks’ Overview page.

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