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China Success Finance Announces Bond Subscription and Share Placing

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China Success Finance Announces Bond Subscription and Share Placing

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China Success Finance Group Holdings Ltd. ( (HK:3623) ) has shared an announcement.

China Success Finance Group Holdings Ltd. announced a discloseable transaction involving the subscription for an exchangeable bond valued at US$4 million and the placing of new shares under a general mandate. This move includes issuing consideration shares and placing up to 77 million shares at a discount, aiming to raise approximately HK$53.36 million net proceeds. These actions are expected to impact the company’s share capital and market positioning, subject to the satisfaction of certain conditions.

More about China Success Finance Group Holdings Ltd.

China Success Finance Group Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the finance industry. The company is involved in financial services, with a focus on securities and investment activities.

YTD Price Performance: -2.30%

Average Trading Volume: 119,529

Technical Sentiment Signal: Sell

Current Market Cap: HK$469.6M

See more data about 3623 stock on TipRanks’ Stock Analysis page.

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