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DL Holdings Group Limited ( (HK:1709) ) has shared an announcement.
DL Holdings Group Limited has successfully completed the placing of 255,213,000 existing shares and a top-up subscription of the same number of new shares, raising approximately HK$761.32 million. This strategic move, executed with the help of co-placing agents Guotai Junan Securities and DL Securities, is expected to strengthen the company’s financial position and enhance its market presence.
The most recent analyst rating on (HK:1709) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on DL Holdings Group Limited stock, see the HK:1709 Stock Forecast page.
More about DL Holdings Group Limited
DL Holdings Group Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1709. The company is involved in financial services, focusing on securities and investment management.
Average Trading Volume: 73,550,793
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.26B
For an in-depth examination of 1709 stock, go to TipRanks’ Overview page.