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Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) has issued an update.
Shandong Gold Mining Co., Ltd. has announced that its subsidiary, Shanjin International, is preparing to issue H shares overseas and list on the Hong Kong Stock Exchange. This move aims to enhance Shanjin International’s global strategic positioning, optimize its capital structure, and expand financing channels. However, the issuance and listing are subject to regulatory approvals and shareholder considerations, introducing uncertainty about the final implementation.
The most recent analyst rating on (HK:1787) stock is a Buy with a HK$19.00 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 China, primarily engaged in the gold mining industry. The company focuses on the exploration, mining, and processing of gold, with a strategic emphasis on expanding its market presence internationally.
Average Trading Volume: 17,817,893
Technical Sentiment Signal: Buy
Current Market Cap: HK$146.4B
See more data about 1787 stock on TipRanks’ Stock Analysis page.