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China Rongzhong Financial Holdings Company Limited ( (HK:3963) ) has provided an update.
China Rongzhong Financial Holdings Company Limited has announced an extension to the long stop date for completing a connected transaction involving the proposed issue of a convertible bond under a specific mandate. The company and the subscriber have agreed to push the deadline for satisfying the conditions precedent under the Subscription Agreement from 31 December 2025 to 30 June 2026, allowing more time to complete necessary requirements while keeping all other terms of the agreement unchanged, which indicates the transaction remains on track but subject to extended procedural timelines for stakeholders.
The most recent analyst rating on (HK:3963) stock is a Sell with a HK$0.16 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 Cayman Islands-incorporated financial services company listed in Hong Kong, operating in the finance sector and focused on providing funding solutions, including through instruments such as convertible bonds, to support its capital needs and business operations.
Average Trading Volume: 79,958
Technical Sentiment Signal: Sell
Current Market Cap: HK$86.77M
See more data about 3963 stock on TipRanks’ Stock Analysis page.