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Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ) has shared an update.
Pu’er Lancang Ancient Tea Co., Ltd. has announced the issuance of 24,000,000 H shares under a general mandate, with the subscription price set at HKD2.46 per share. This issuance represents a significant portion of the company’s H shares and total issued shares, potentially impacting the company’s market positioning and shareholder value.
More about Pu’er Lancang Ancient Tea Co., Ltd.
Pu’er Lancang Ancient Tea Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the tea industry. The company is known for producing and distributing ancient tea products, focusing on both domestic and international markets.
Average Trading Volume: 85,288
Technical Sentiment Signal: Sell
Current Market Cap: HK$92.93M
For an in-depth examination of 6911 stock, go to TipRanks’ Overview page.