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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lianlian DigiTech Co., Ltd. Class H ( (HK:2598) ) has provided an announcement.
Lianlian DigiTech Co., Ltd. announced a new placement of H shares under a general mandate, with the potential to raise approximately HK$387.25 million in net proceeds. The funds are intended to support innovation in blockchain technology, global business expansion, and general corporate purposes, enhancing the company’s market positioning and operational capabilities.
More about Lianlian DigiTech Co., Ltd. Class H
Lianlian DigiTech Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the financial technology industry. The company focuses on innovative technologies such as blockchain within the global payment sector, aiming to expand its global business and licensing.
Average Trading Volume: 11,084,017
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$17.07B
Find detailed analytics on 2598 stock on TipRanks’ Stock Analysis page.