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The latest announcement is out from KuangChi Science Limited ( (HK:0439) ).
KuangChi Science Limited has announced the sale of 3,893,724 KCT shares on the Shenzhen Stock Exchange, generating net proceeds of RMB186.0 million. This transaction, classified as a discloseable transaction under the Listing Rules, is expected to result in a gain of RMB30.3 million for the company, enhancing its financial position and providing funds for refinancing and general working capital.
The most recent analyst rating on (HK:0439) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on KuangChi Science Limited stock, see the HK:0439 Stock Forecast page.
More about KuangChi Science Limited
KuangChi Science Limited is a company incorporated in Bermuda, focusing on innovative advanced technology. It is involved in the development, production, and sales of new generation metamaterial equipment products.
Average Trading Volume: 760,563
Technical Sentiment Signal: Sell
Current Market Cap: HK$892.8M
For an in-depth examination of 0439 stock, go to TipRanks’ Overview page.