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Dekon Food And Agriculture Group Class H ( (HK:2419) ) has provided an update.
Dekon Food and Agriculture Group has announced a change in the allocation of unutilized net proceeds from its H Shares Offering. The company will redirect funds initially intended for expanding its pig farming operations to further develop its food processing business. This strategic shift reflects the company’s focus on enhancing its food processing capabilities, potentially impacting its market positioning and operational efficiency.
The most recent analyst rating on (HK:2419) stock is a Hold with a HK$83.00 price target. To see the full list of analyst forecasts on Dekon Food And Agriculture Group Class H stock, see the HK:2419 Stock Forecast page.
More about Dekon Food And Agriculture Group Class H
Dekon Food and Agriculture Group is a joint stock company incorporated in the People’s Republic of China, operating in the food and agriculture industry. The company primarily focuses on farming pigs and yellow-feathered broilers, food processing, and invests in research and development and information technology systems.
Average Trading Volume: 1,743,918
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.87B
For detailed information about 2419 stock, go to TipRanks’ Stock Analysis page.