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Lingbao Gold Completes HK$1,166 Million Bond Issuance

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Lingbao Gold Completes HK$1,166 Million Bond Issuance

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Lingbao Gold Group Company Ltd. Class H ( (HK:3330) ) has provided an announcement.

Lingbao Gold Group Company Ltd. has successfully completed the issuance of zero coupon convertible bonds amounting to HK$1,166 million, due in 2026. This strategic financial move, listed on the Vienna MTF, enhances the company’s capital structure and potentially strengthens its market position, with implications for future growth and stakeholder value.

The most recent analyst rating on (HK:3330) stock is a Hold with a HK$16.00 price target. To see the full list of analyst forecasts on Lingbao Gold Group Company Ltd. Class H stock, see the HK:3330 Stock Forecast page.

More about Lingbao Gold Group Company Ltd. Class H

Lingbao Gold Group Company Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the gold industry. The company focuses on the production and sale of gold and related products.

YTD Price Performance: 473.73%

Average Trading Volume: 9,237,714

Technical Sentiment Signal: Buy

Current Market Cap: HK$21.08B

For detailed information about 3330 stock, go to TipRanks’ Stock Analysis page.

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