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China Ruyi Holdings Limited ( (HK:0136) ) just unveiled an update.
China Ruyi Holdings Limited has entered into supplemental agreements regarding the issuance of new shares under a General Mandate. The company has amended the allotment of the 2nd and 3rd Tranche Subscription Shares to a total of 910 million shares and extended the deadline for meeting conditions precedent due to pending approvals. This move is expected to impact the company’s operations by potentially enhancing its capital base and market positioning, although shareholders are advised to exercise caution.
The most recent analyst rating on (HK:0136) stock is a Buy with a HK$4.90 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
Average Trading Volume: 98,000,415
Technical Sentiment Signal: Buy
Current Market Cap: HK$46.58B
For detailed information about 0136 stock, go to TipRanks’ Stock Analysis page.