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The latest announcement is out from Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ).
Shandong Gold Mining Co., Ltd. announced the termination of its planned issuance of A Shares to target subscribers and the withdrawal of related application documents from the Shanghai Stock Exchange. This decision follows a strategic review to optimize financing methods and reflects the company’s recent successful placement of H Shares. The move is likely to impact the company’s capital structure and may influence its market positioning and stakeholder relations.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$19.80 price target. To see the full list of analyst forecasts on Shandong Gold Mining Co., Ltd. Class H stock, see the HK:1787 Stock Forecast page.
More about Shandong Gold Mining Co., Ltd. Class H
Shandong Gold Mining Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the mining industry with a focus on gold production and exploration. The company is listed on the Hong Kong Stock Exchange and is part of the Shandong Gold Group Co., Ltd.
Average Trading Volume: 15,926,247
Technical Sentiment Signal: Buy
Current Market Cap: HK$184.4B
See more data about 1787 stock on TipRanks’ Stock Analysis page.