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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) just unveiled an update.
Hao Tian International Construction Investment Group Limited announced the completion of placing 249,224,000 new shares under a general mandate, representing approximately 2.25% of its enlarged issued share capital. The placing raised net proceeds of approximately HK$28.7 million, which the company plans to use for expanding its margin financing business. This strategic move is expected to enhance the company’s financial services capabilities without altering the substantial shareholding structure.
The most recent analyst rating on (HK:1341) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Hao Tian International Construction Investment Group Limited stock, see the HK:1341 Stock Forecast page.
More about Hao Tian International Construction Investment Group Limited
Hao Tian International Construction Investment Group Limited is a company incorporated in the Cayman Islands, focusing on construction investment. The company is involved in the expansion of its margin financing business through its licensed corporation.
Average Trading Volume: 689,035,383
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.04B
For an in-depth examination of 1341 stock, go to TipRanks’ Overview page.