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Far East Horizon Limited ( (HK:3360) ) has issued an announcement.
Far East Horizon Limited announced an adjustment to the conversion price of its U.S.$250,000,000 zero coupon guaranteed convertible bonds due 2026, as a result of declaring an interim dividend. The conversion price adjustment, effective from 24 September 2025, will lower the price from HK$6.70 to HK$6.48 per share, increasing the maximum number of shares issuable upon full conversion. This adjustment reflects the company’s strategic financial management and could impact shareholder value and market perception.
The most recent analyst rating on (HK:3360) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Far East Horizon Limited stock, see the HK:3360 Stock Forecast page.
More about Far East Horizon Limited
Far East Horizon Limited operates in the financial services industry, focusing on providing financial solutions and services. The company is known for its issuance of convertible bonds and has a significant presence in the Hong Kong financial market.
Average Trading Volume: 9,866,983
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$32.5B
For an in-depth examination of 3360 stock, go to TipRanks’ Overview page.