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An update from Domaine Power Holdings Limited ( (HK:0442) ) is now available.
Domaine Power Holdings Limited has announced a proposed rights issue to raise approximately HK$61 million, aimed at strengthening its financial position and supporting future business development. The proceeds will be used to expand its jewellery and gold refinery operations and to fund the acquisition of VAX Limited, a licensed virtual asset trading platform, aligning with Hong Kong’s initiative to become an international gold trading hub.
The most recent analyst rating on (HK:0442) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Domaine Power Holdings Limited stock, see the HK:0442 Stock Forecast page.
More about Domaine Power Holdings Limited
Domaine Power Holdings Limited is a company incorporated in the Cayman Islands, focusing on the manufacture and sale of jewellery products, with a strategic interest in expanding its presence in the fine artistic jewellery sector and the gold refinery business in Hong Kong.
Average Trading Volume: 109,466
Technical Sentiment Signal: Sell
Current Market Cap: HK$146.8M
See more data about 0442 stock on TipRanks’ Stock Analysis page.