TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
China Sinostar Group Company Limited ( (HK:0485) ) has provided an announcement.
China Sinostar Group Company Limited has announced a subscription agreement for the issuance of 42,000,000 new shares at a price of HK$0.30 per share, which represents a discount to recent market prices. This move will increase the company’s share capital by approximately 16.48% upon completion. The agreement is subject to certain conditions, and stakeholders are advised to exercise caution as the subscription may not proceed.
The most recent analyst rating on (HK:0485) stock is a Hold with a HK$0.29 price target. To see the full list of analyst forecasts on China Sinostar Group Company Limited stock, see the HK:0485 Stock Forecast page.
More about China Sinostar Group Company Limited
Average Trading Volume: 165,785
Technical Sentiment Signal: Buy
Current Market Cap: HK$68.11M
Learn more about 0485 stock on TipRanks’ Stock Analysis page.