Guangdong–Hong Kong Greater Bay Area Holdings Completes HK$6 Share Subscription

The latest announcement is out from Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ).

Guangdong – Hong Kong Greater Bay Area Holdings Limited has completed a share subscription under its general mandate, issuing 15,311,005 new shares to Subscriber A and 5,000,000 new shares to Subscriber B at HK$6.00 per share. The transaction increases the company’s total issued share capital to 1,164,050,468 shares and modestly dilutes existing major shareholders, while introducing a new public investor and slightly raising Subscriber A’s stake.

Post-completion, controlling shareholder China Guangdong – Hong Kong Greater Bay Area Holdings Limited now holds about 35.62% of the enlarged share capital, and Champion Road Group Limited holds about 26.63%, with Subscriber A and Subscriber B owning 4.72% and 0.43% respectively. The board confirmed that the public float remains above 25%, ensuring continued compliance with Hong Kong listing requirements and preserving market liquidity for the company’s shares.

The most recent analyst rating on (HK:1396) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on Guangdong – Hong Kong Greater Bay Area Holdings Ltd. stock, see the HK:1396 Stock Forecast page.

More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.

Guangdong – Hong Kong Greater Bay Area Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating within the Guangdong-Hong Kong-Macao Greater Bay Area. Its shareholder base includes major holding vehicles such as China Guangdong – Hong Kong Greater Bay Area Holdings Limited and Champion Road Group Limited, through which key executive directors maintain significant stakes.

YTD Price Performance: 31.01%

Average Trading Volume: 2,430,852

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.3B

For a thorough assessment of 1396 stock, go to TipRanks’ Stock Analysis page.