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Hangzhou SF Intra-city Industrial Co., Ltd. Class H ( (HK:9699) ) has shared an announcement.
Hangzhou SF Intra-city Industrial Co., Ltd. has entered into a Capital Increase Agreement with Shunda Tongxing, SF Investment, and other investors to increase the registered capital of White Rhino Zhida. Shunda Tongxing and SF Investment will contribute RMB99.54 million and RMB56.88 million, respectively, resulting in Shunda Tongxing holding 15.81% and SF Investment holding 9.04% of White Rhino Zhida’s registered capital. This transaction is classified as a connected transaction under the Hong Kong Listing Rules, subject to reporting and announcement requirements but exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:9699) stock is a Buy with a HK$12.80 price target. To see the full list of analyst forecasts on Hangzhou SF Intra-city Industrial Co., Ltd. Class H stock, see the HK:9699 Stock Forecast page.
More about Hangzhou SF Intra-city Industrial Co., Ltd. Class H
Average Trading Volume: 9,095,558
Technical Sentiment Signal: Buy
Current Market Cap: HK$14.93B
For detailed information about 9699 stock, go to TipRanks’ Stock Analysis page.