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Jinke Smart Services Announces Revised Offer Document and Share Consolidation

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Jinke Smart Services Announces Revised Offer Document and Share Consolidation

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Jinke Smart Services Group Co., Ltd. Class H ( (HK:9666) ) has shared an update.

Jinke Smart Services Group Co., Ltd. has announced the dispatch of a revised composite document related to an unconditional mandatory cash offer by China International Capital Corporation Hong Kong Securities Limited. The offeror has received valid acceptances for 44,067,482 shares, representing approximately 7.38% of all issued shares, and now holds an aggregate of 377,914,328 shares, which is approximately 63.29% of all issued shares. This development indicates a significant consolidation of shares by the offeror, potentially impacting the company’s market positioning and stakeholder interests.

The most recent analyst rating on (HK:9666) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on Jinke Smart Services Group Co., Ltd. Class H stock, see the HK:9666 Stock Forecast page.

More about Jinke Smart Services Group Co., Ltd. Class H

Jinke Smart Services Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing smart services. It operates within the technology and services industry, aiming to enhance operational efficiency through innovative solutions.

Average Trading Volume: 496,931

Technical Sentiment Signal: Hold

Current Market Cap: HK$4.74B

Find detailed analytics on 9666 stock on TipRanks’ Stock Analysis page.

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