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China Ruyi Holdings Limited ( (HK:0136) ) just unveiled an announcement.
China Ruyi Holdings Limited has successfully completed the first tranche of its subscription shares issuance, with 390 million new shares subscribed at HK$3.00 each. This move is set to slightly alter the company’s shareholding structure, increasing the public shareholders’ stake and potentially enhancing the company’s capital base for future growth.
The most recent analyst rating on (HK:0136) stock is a Buy with a HK$3.20 price target. To see the full list of analyst forecasts on China Ruyi Holdings Limited stock, see the HK:0136 Stock Forecast page.
More about China Ruyi Holdings Limited
China Ruyi Holdings Limited is a company incorporated in Bermuda with limited liability, operating in the investment sector. The company is involved in issuing new shares under a general mandate, with a focus on expanding its shareholder base and enhancing its capital structure.
Average Trading Volume: 92,666,798
Technical Sentiment Signal: Buy
Current Market Cap: HK$46.27B
See more insights into 0136 stock on TipRanks’ Stock Analysis page.