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The latest announcement is out from Hao Tian International Construction Investment Group Limited ( (HK:1341) ).
Hao Tian International Construction Investment Group Limited has entered into an agreement to place 249,224,000 new shares through Planetree Securities Limited. This placement, representing approximately 2.30% of the company’s existing share capital, is priced at HK$0.118 per share. The proceeds, estimated at HK$28.7 million after expenses, are intended for the expansion of the company’s margin financing business. The placement is contingent upon approval from the Stock Exchange’s Listing Committee and the fulfillment of the agreement’s conditions.
The most recent analyst rating on (HK:1341) stock is a Hold with a HK$0.12 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
Average Trading Volume: 835,105,674
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.34B
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