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Ding Yi Feng Holdings Updates on Investment Performance and Capital Utilization

Story Highlights
  • Ding Yi Feng Holdings reported unrealized losses in its investment portfolio for 2024.
  • The company fully utilized its gross proceeds for working capital, but trading remains suspended.
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Ding Yi Feng Holdings Updates on Investment Performance and Capital Utilization

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China Investment Fund Company Limited ( (HK:0612) ) just unveiled an announcement.

Ding Yi Feng Holdings Group International Limited has released a supplemental announcement to its 2024 Annual Report, detailing the performance of its significant investments and the utilization of proceeds from a previous placing. The company’s investment portfolio experienced unrealized losses, particularly in listed equity securities in Hong Kong, while also realizing some gains from other investments. Additionally, the company fully utilized the remaining balance of gross proceeds for general working capital purposes. However, trading in the company’s shares remains suspended due to unresolved executive director issues, advising shareholders and potential investors to exercise caution.

More about China Investment Fund Company Limited

Average Trading Volume: 4,863,543

Technical Sentiment Signal: Sell

Current Market Cap: HK$523.1M

Find detailed analytics on 0612 stock on TipRanks’ Stock Analysis page.

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