tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

S.F. Holding Co., Ltd. Completes HK$2.93 Billion H Share Placement

Story Highlights
S.F. Holding Co., Ltd. Completes HK$2.93 Billion H Share Placement

Elevate Your Investing Strategy:

S.F. Holding Co., Ltd. Class H ( (HK:6936) ) has issued an update.

S.F. Holding Co., Ltd. has successfully completed the placement of 70,000,000 new H Shares, increasing its total issued H Shares from 170,000,000 to 240,000,000. The placement raised approximately HK$2,932.7 million in net proceeds, with the shares allotted to independent third parties. This move enhances the company’s capital base and potentially strengthens its market position.

The most recent analyst rating on (HK:6936) stock is a Buy with a HK$46.00 price target. To see the full list of analyst forecasts on S.F. Holding Co., Ltd. Class H stock, see the HK:6936 Stock Forecast page.

More about S.F. Holding Co., Ltd. Class H

S.F. Holding Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates in the logistics and delivery industry, focusing on providing comprehensive logistics services and solutions.

Average Trading Volume: 2,789,316

Current Market Cap: HK$255.9B

For a thorough assessment of 6936 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1