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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.