Hengtai Securities Co., Ltd. Class H (HK:1476) has released an update.
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Hengtai Securities Co., Ltd. has announced a capital increase agreement involving a significant cash injection into the New China Fund by both the company and its substantial shareholder, Huarong Zonghe Investment. This move will see the registered capital of New China Fund rise to approximately RMB 627.76 million, with Hengtai Securities maintaining its position as the controlling shareholder. The transaction is classified as a connected transaction under Hong Kong’s listing rules.
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