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Guolian Securities Completes Strategic A Shares Issuance

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Guolian Securities Completes Strategic A Shares Issuance

Confident Investing Starts Here:

Guolian Securities Co., Ltd. Class H ( (HK:1456) ) just unveiled an announcement.

Guolian Securities Co., Ltd., a joint stock limited company in China, announced the completion of its issuance of Renminbi ordinary shares (A Shares) to specific subscribers for raising supporting funds. The shares, listed on the Shanghai Stock Exchange, were issued at a price of RMB9.59 per share, which is above the minimum required price and reflects a strategic move to strengthen the company’s capital base. This issuance is part of a broader strategy involving substantial acquisitions and connected transactions aimed at enhancing the company’s market position and operational capabilities.

More about Guolian Securities Co., Ltd. Class H

YTD Price Performance: -14.10%

Average Trading Volume: 11,195,464

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$61.34B

For an in-depth examination of 1456 stock, go to TipRanks’ Stock Analysis page.

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