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An update from Guan Chao Holdings Limited ( (HK:1872) ) is now available.
Guan Chao Holdings Limited has successfully completed the placement of 90,195,000 new shares through Fortune (HK) Securities Limited, raising approximately HK$383.96 million. The proceeds will be allocated to various strategic initiatives, including business development, potential investments, production and distribution of hair growth products, marketing initiatives, and enhancing working capital.
More about Guan Chao Holdings Limited
Average Trading Volume: 1,992,004
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.25B
Find detailed analytics on 1872 stock on TipRanks’ Stock Analysis page.