tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JF SmartInvest Completes Strategic Share Placement and Subscription

Story Highlights
JF SmartInvest Completes Strategic Share Placement and Subscription

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from JF Wealth Holdings Ltd ( (HK:9636) ) is now available.

JF SmartInvest Holdings Ltd, incorporated in the Cayman Islands, has successfully completed a placing and subscription of shares. The company placed 20,000,000 shares at HK$39.25 each, raising approximately HK$785 million in gross proceeds. This strategic move is expected to impact the company’s shareholding structure, reducing the controlling shareholders’ percentage while introducing new placees, thus potentially enhancing market liquidity and investor interest.

More about JF Wealth Holdings Ltd

Average Trading Volume: 4,308,238

Technical Sentiment Signal: Buy

See more insights into 9636 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1