tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Closure and Settlement of Cash Offers by China New Economy Fund

Story Highlights
Closure and Settlement of Cash Offers by China New Economy Fund

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

China New Economy Fund Ltd. ( (HK:0080) ) just unveiled an announcement.

China New Economy Fund Limited, in collaboration with Longling Capital Ltd, announced the closure of mandatory unconditional cash offers for all issued shares and outstanding share options not already owned by Longling Capital. The offers concluded with valid acceptances for 842,500 shares, amounting to approximately 0.06% of the company’s issued share capital, with a total consideration of HK$89,305. Settlement of the offers will be completed by September 8, 2025, impacting the company’s public float and financial positioning.

More about China New Economy Fund Ltd.

Average Trading Volume: 20,624,567

Technical Sentiment Signal: Buy

Current Market Cap: HK$488.3M

For detailed information about 0080 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1